Question: Variable Costs ($/flight hr.) Fixed Costs ($/year) Fuel 55.00 Maintenance & repair 5,000 Lubricants 3.00 Tie-down (allocated) 1,000 Overhaul reserve 20.00 Insurance 800 Total 78.00

Variable Costs ($/flight hr.) Fixed Costs ($/year) Fuel 55.00 Maintenance & repair 5,000 Lubricants 3.00 Tie-down (allocated) 1,000 Overhaul reserve 20.00 Insurance 800 Total 78.00 Total 6,800 Operating Data Dollar Benefit/(Loss) per year Total flight hours 210 Break-Even Formula Fixed Costs - [(Total Hours) x (Revenue/hr. - Variable Cost/hr.)] = 0

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