Reference no: EM132685709
Problem - Break-even sales and sales mix for a service company
Sunshine Airways provides air transportation services between Philadelphia and Orlando. A single Philadelphia to Orlando round-trip flight has the following operating statistics:
Fuel $8,200
Flight crew salaries 3,700
Airplane depreciation 3,450
Variable cost per passenger-business class 100
Variable cost per passenger-economy class 75
Round-trip ticket price-business class 600
Round-trip ticket price-economy class 190
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.
Required -
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.
b. How many business class and economy class seats would be sold at the break-even point?
|
Explore the contributions to society
: Provide an opportunity for students to explore the contributions to society and/or business of a successful leader and share this knowledge while practicing
|
|
How the US Post Office uses OCR to help speed the mail
: How the U.S. Post Office uses OCR to help speed the mail, as explained by the article. Where ever a number or a statistic is used, please write that down.
|
|
What was the amount of actual sales
: If the margin of safety for Kramer Company was 20%, fixed costs were $900,000, and variable costs were 70% of sales, what was the amount of actual sales
|
|
What do you need to know to become an agent of change
: How do organizational practices and policies oppress? As a counselor, what do you need to know to become an agent of change?
|
|
Compute the break-even number of seats sold
: Break-even sales and sales mix for a service company - Compute the break-even number of seats sold on a single round-trip flight for the overall product
|
|
What has been learned about the family system
: Reflect upon and then briefly recount what has been learned about the family system and explore what biases the student may maintain toward those who are.
|
|
Compute the break-even sales for the overall product
: The fixed costs are $460,000, and the sales mix is 60% bats and 40% gloves. Compute the break-even sales for the overall product
|
|
Analyze african popular music as a convergence of genres
: Analyze African popular music as a convergence of genres, immersed in experimentations, negotiations and transformations that crisscross histories
|
|
Introduced to sUAS regulation
: You were introduced to sUAS regulation, components and systems, operations, technology, and the concepts of safety of flight,
|