Global Airways provides air transportation services between New York and Miami. A single New York to Miami round-trip flight has the following operational statistics: fuel flight crew salaries airplane depreciation airplane depreciation variable cost per passenger - business class variable cost per passenger - tourist class one-way ticket price - business class one-way ticket price - tourist class 240 It is assumed that the fuel, crew salaries, and airplane depreciation are fixed, regardless of the number of seats sold for the round-trip flight. Assume alsothat the company sells 500 business class and 1,500 tourist class tickets. Compute for the following: 48 12 $ 6,520 3,400 1,600 58 36 4,800 34 400 240 the number of breakeven packages weighted average contribution margin per unit the breakeven point, in units, of seats sold (business class) on a single round-trip flight the breakeven point, in units, of seats sold (tourist class) on a single round-trip flight the breakeven point, in dollars, of seats sold (business class) on a single round-trip flight the breakeven point, in dollars, of seats sold (tourist class) on a single round-trip flight total forecasted sales in $ total forecasted sales in $ total variable cost based from forecasted sales total contribution margin based from forecasted sales total breakeven sales (in units) for the two products
Global Airways provides air transportation services between New York and Miami. A single New York to Miami round-trip flight has the following operational statistics: fuel flight crew salaries airplane depreciation airplane depreciation variable cost per passenger - business class variable cost per passenger - tourist class one-way ticket price - business class one-way ticket price - tourist class 240 It is assumed that the fuel, crew salaries, and airplane depreciation are fixed, regardless of the number of seats sold for the round-trip flight. Assume alsothat the company sells 500 business class and 1,500 tourist class tickets. Compute for the following: 48 12 $ 6,520 3,400 1,600 58 36 4,800 34 400 240 the number of breakeven packages weighted average contribution margin per unit the breakeven point, in units, of seats sold (business class) on a single round-trip flight the breakeven point, in units, of seats sold (tourist class) on a single round-trip flight the breakeven point, in dollars, of seats sold (business class) on a single round-trip flight the breakeven point, in dollars, of seats sold (tourist class) on a single round-trip flight total forecasted sales in $ total forecasted sales in $ total variable cost based from forecasted sales total contribution margin based from forecasted sales total breakeven sales (in units) for the two products
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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supply the missing values. asap please 4
Transcribed Image Text:Global Airways provides air transportation services between New York and Miami. A single New York to Miami round-trip flight has the
following operational statistics:
fuel
flight crew salaries airplane depreciation
airplane depreciation
variable cost per passenger - business class
variable cost per passenger - tourist class
one-way ticket price - business class
one-way ticket price - tourist class
12
$ 6,520
3,400
1,600
58
It is assumed that the fuel, crew salaries, and airplane depreciation are fixed, regardless of the number of seats sold for the round-trip
flight. Assume alsothat the company sells 500 business class and 1,500 tourist class tickets.
Compute for the following:
48
240
36
4,800
34
400
240
the number of breakeven packages
weighted average contribution margin per unit
the breakeven point, in units, of seats sold (business class) on a single round-trip flight
the breakeven point, in units, of seats sold (tourist class) on a single round-trip flight
the breakeven point, in dollars, of seats sold (business class) on a single round-trip flight
the breakeven point, in dollars, of seats sold (tourist class) on a single round-trip flight
total forecasted sales in $
total forecasted sales in $
total variable cost based from forecasted sales
total contribution margin based from forecasted sales
total breakeven sales (in units) for the two products
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