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Adams Airlines is a small airline that occasionally carries overload shipments for the overnight delivery company Never-Fail, Inc. Never-Fail is a multimillion-dollar company started by Wes Never immediately after he failed to finish his first accounting course. The company's motto is "We Never-Fail to Deliver Your Package on Time." When Never-Fail has more freight than it can deliver, it pays Adams to carry the excess. Adams contracts with independent pilots to fly its planes on a per-trip basis. Adams recently purchased an airplane that cost the company $5,934,000. The plane has an estimated useful life of 25,800,000 miles and a zero salvage value. During the first week in January, Adams flew two trips. The first trip was a round-trip flight from Chicago to San Francisco, for which Adams paid $400 for the pilot and $350 for fuel. The second flight was a round trip from Chicago to New York. For this trip, it paid $350 for the pilot and $175 for fuel. The round trip between Chicago and San Francisco is approximately 4,700 miles and the round trip between Chicago and New York is 1,500 miles.
Required Problem 1: Determine the total cost of each trip.
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