Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Computation of Break-even-point of Airline Company.
The Smooth Flight Airline Company is considering lowering fares in an attempt to fill unused seats on its regular flights from New York to Chicago. Current capacity on each flight is 250 passengers. At present, the company sells an average of 130 tickets at $330 per ticket, but estimates that an additional 100 tickets could be sold if it offered a stand-by ticket price of $140 on the day of the flight. Fixed costs per flight are $50,000 and variable costs per ticket are $25.
1. Prepare a direct costing (variable) income statement to show the current profit or loss for each flight at the current level of 130 tickets sold per flight.
2. Prepare a direct costing (Variable) income statement to show the change in profits if the proposed stand-by plan is put into effect.
3. How many tickets must be sold at the $330 price to cover fixed costs?
4. How many tickets must be sold at the $140 price to cover fixed costs, assuming all tickets are at that price?
5. Would you recommend that management adopt the stand-by ticket? WHY OR WHY NOT?
Prepare a cash Budget and a schedule of expected cash collections - Purpose a schedule of exposed cash collections for April, May, and June for the three months in total.
Over head application to job- How much overhead should be applied to Job No. B12
Posting of journal entries to appropriate accounts and prepare an unadjusted trial balance and Bill transferred $15000 from personal account into business account
Factory X produces a single product which is made from 10 kg of Material A as well as 5 kg of Material B. These quantities allow for waste The purchase prices of these materials
Determine unit contribution margin for Hawaiian fruit pizza and Aloha seafood pizza? Evaluate the new breakeven in units and in sales dollar of each pizza?
Effects of LIFO and FIFO methods of inventory system on ending inventory and Which company's valuation of ending inventory in the balance sheet is more likely to approximate replacement cost
Evaluate the number of widgets which must be sold to break even. Evaluate the number of widgets which must be sold to break even. Evaluate the breakeven point in dollars
Determine the positions taken by Amos and Susan and by the IRS agent with respect to the Lear jet deduction.
CVP analysis giving decision if the price is reduced and Heister's president, J. R. D'Angelo, expects an annual profit of $100,000. How many rings must be sold to attain this profit
Determine the percentage of the total variance that will be explained by the regression equation?
Find Reed's cost of not taking the suppliers' discounts and What is each project's payback period
Analysis of financial statement using horizontal analysis - Prepare the 2006 common-size income statement and compare it to the 2005 statement. Which areas require further analysis and investigation?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd