following operating statistics: Fuel and landing fees Flight crew salaries Airplane depreciation Variable cost per passenger-business class Variable cost per passenger-economy class Round-trip ticket price-business class Round-trip ticket price-economy class Business class $7,670 Economy class 5,875 Check My Work 2,775 40 30 It is assumed that the fuel and landing fees, crew salaries, and airplane depreciation are fixed, regardless of the number of seats sold for the round-trip flight. 510 a. Compute the break-even number of seats sold on a single round-trip flight for the overall product. Assume that the overall product is 10% business class and 90% economy class tickets. Round your answer to whole number. Total number of seats at break-even b. How many business class and economy class seats would be sold at the break-even point? Round your answers to whole number. 280 seats seats seats. Previous

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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following operating statistics:
Fuel and landing fees
Flight crew salaries
Airplane depreciation
Variable cost per passenger-business class
Variable cost per passenger-economy class
Round-trip ticket price-business class
Round-trip ticket price-economy class
Business class
Economy class
$7,670
Check My Work
5,875
All work saved.
2,775
40
<
It is assumed that the fuel and landing fees, crew salaries, and airplane depreciation are fixed, regardless of the number of seats sold for the round-trip
flight.
30
a. Compute the break-even number of seats sold on a single round-trip flight for the overall product. Assume that the overall product is 10% business
class and 90% economy class tickets. Round your answer to whole number.
Total number of seats at break-even
b. How many business class and economy class seats would be sold at the break-even point? Round your answers to whole number.
510
280
seats
seats
seats
L
Email Instructor
Save and Exit
Previous
Submit Assignment for Grading
W
00_F_26
EDG5...P
Transcribed Image Text:following operating statistics: Fuel and landing fees Flight crew salaries Airplane depreciation Variable cost per passenger-business class Variable cost per passenger-economy class Round-trip ticket price-business class Round-trip ticket price-economy class Business class Economy class $7,670 Check My Work 5,875 All work saved. 2,775 40 < It is assumed that the fuel and landing fees, crew salaries, and airplane depreciation are fixed, regardless of the number of seats sold for the round-trip flight. 30 a. Compute the break-even number of seats sold on a single round-trip flight for the overall product. Assume that the overall product is 10% business class and 90% economy class tickets. Round your answer to whole number. Total number of seats at break-even b. How many business class and economy class seats would be sold at the break-even point? Round your answers to whole number. 510 280 seats seats seats L Email Instructor Save and Exit Previous Submit Assignment for Grading W 00_F_26 EDG5...P
<
Break-Even Sales and Sales Mix for a Service Company
Yellow Dove Airways provides air transportation services between Portland and Minneapolis. A single Portland to Minneapolis round-trip flight has the
following operating statistics:
Fuel and landing fees
Flight crew salaries
Airplane depreciation
Variable cost per passenger-business class
Variable cost per passenger-economy class
Round-trip ticket price-business class
Round-trip ticket price-economy class
$7,670
Business class
5,875
Check My Work
2,775
40
30
510
It is assumed that the fuel and landing fees, crew salaries, and airplane depreciation are fixed, regardless of the number of seats sold for the round-trip
flight.
280
a. Compute the break-even number of seats sold on a single round-trip flight for the overall product. Assume that the overall product is 10% business
class and 90% economy class tickets. Round your answer to whole number.
Total number of seats at break-even
L
b. How many business class and economy class seats would be sold at the break-even point? Round your answers to whole number.
seats
seats
Previous
?
00_F_2658
EDG5...PQ
Transcribed Image Text:< Break-Even Sales and Sales Mix for a Service Company Yellow Dove Airways provides air transportation services between Portland and Minneapolis. A single Portland to Minneapolis round-trip flight has the following operating statistics: Fuel and landing fees Flight crew salaries Airplane depreciation Variable cost per passenger-business class Variable cost per passenger-economy class Round-trip ticket price-business class Round-trip ticket price-economy class $7,670 Business class 5,875 Check My Work 2,775 40 30 510 It is assumed that the fuel and landing fees, crew salaries, and airplane depreciation are fixed, regardless of the number of seats sold for the round-trip flight. 280 a. Compute the break-even number of seats sold on a single round-trip flight for the overall product. Assume that the overall product is 10% business class and 90% economy class tickets. Round your answer to whole number. Total number of seats at break-even L b. How many business class and economy class seats would be sold at the break-even point? Round your answers to whole number. seats seats Previous ? 00_F_2658 EDG5...PQ
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