Canniff 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 $56,660 per month plus $2,622 per flight plus $7 per passenger. The company expected its activity in February to be 61 flights and 258 passengers, but the actual activity was 60 flights and 259 passengers. The actual cost for plane operating costs in February was $214,460. The plane operating costs in the planning budget for February would be closest to:
Answers: 3
Another question on Business
Business, 21.06.2019 21:30
In a macroeconomic context, what are implicit liabilities? money owed to people possessing government issued bonds. the amount of money that firms collectively owe to shareholders. money that the government has promised to pay in the future. payments that the federal government undertakes only during periods of recession. which of the choices is a significant implicit liability in the united states? military spending education spending national science foundation spending social security
Answers: 2
Business, 22.06.2019 11:30
Marta communications, inc. has provided incomplete financial statements for the month ended march 31. the controller has asked you to calculate the missing amounts in the incomplete financial statements. use the information included in the excel simulation and the excel functions described below to complete the task
Answers: 1
Business, 22.06.2019 17:00
Afinancing project has an initial cash inflow of $42,000 and cash flows of −$15,600, −$22,200, and −$18,000 for years 1 to 3, respectively. the required rate of return is 13 percent. what is the internal rate of return? should the project be accepted?
Answers: 1
Business, 22.06.2019 20:30
Considered alone, which of the following would increase a company's current ratio? a. an increase in net fixed assets.b. an increase in accrued liabilities.c. an increase in notes payable.d. an increase in accounts receivable.e. an increase in accounts payable.
Answers: 3
You know the right answer?
Canniff Air uses two measures of activity, flights and passengers, in the cost formulas in its budge...
Questions
Computers and Technology, 29.06.2019 15:40
History, 29.06.2019 15:50
Mathematics, 29.06.2019 15:50
Biology, 29.06.2019 15:50
English, 29.06.2019 15:50
