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Question: Cost Analysis at US Airways US Airways is one of the nation's leading commercial air carriers, with hubs in Phoenix and Las Vegas. The following are some of the costs incurred by US Airways. For each cost, select an appropriate cost driver and indicate whether the cost is likely to be fixed, variable, or mixed in relation to your cost driver.
a. Airplane fuel
b. Flight attendants' salaries
c. Baggage handlers' salaries
d. In-flight meals
e. Pilots' salaries
f. Airplane depreciation
g. Advertising
Each department in a large city maintains its own fleet of vehicles. The cost of purchasing and maintaining the vehicles is financed through the General Fund.
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Parent has "significant influence" over Subsidiary. Prepare the necessary journal entries and show the investment account.
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