Sterr Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports. The cost formula for plane operating costs is $49,340 per month plus $2,635 per flight plus $2 per passenger. The company expected its activity in January to be 73 flights and 191 passengers, but the actual activity was 75 flights and 193 passengers. The actual cost for plane operating costs in January was $246,440.
The plane operating costs in the planning budget for January would be closest to:
a. $247,351
b. $246,440
c. $239,868
d. $242,077
Answers: 1
Business, 21.06.2019 18:20
James sebenius, in his harvard business review article: six habits of merely effective negotiators, identifies six mistakes that negotiators make that keep them from solving the right problem. identify which mistake is being described. striving for a “win-win” agreement results in differences being overlooked that may result in joint gains.
Answers: 2
Business, 22.06.2019 05:50
Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes
Answers: 2
Business, 22.06.2019 18:00
Carlton industries is considering a new project that they plan to price at $74.00 per unit. the variable costs are estimated at $39.22 per unit and total fixed costs are estimated at $12,085. the initial investment required is $8,000 and the project has an estimated life of 4 years. the firm requires a return of 8 percent. ignore the effect of taxes. what is the degree of operating leverage at the financial break-even level of output?
Answers: 3
Sterr Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets...
Mathematics, 26.10.2020 21:30
Mathematics, 26.10.2020 21:30
Mathematics, 26.10.2020 21:30
Mathematics, 26.10.2020 21:30
Engineering, 26.10.2020 21:30
Social Studies, 26.10.2020 21:30
Mathematics, 26.10.2020 21:30
Biology, 26.10.2020 21:30
History, 26.10.2020 21:30
Business, 26.10.2020 21:30
History, 26.10.2020 21:30
History, 26.10.2020 21:30