Gaines ended her workday on August 10 in Kansas City. However, her next scheduled flight...

50.1K

Verified Solution

Question

Accounting

Gaines ended her workday on August 10 in Kansas City. However, her next scheduled flight departed Topeka at 11:00 a.m. on August 11. This required Gaines to dead-head back to Topeka on an early-morning flight. This means she traveled from Kansas City to Topeka as a passenger, rather than as a working flight attendant. Since the morning flight from Kansas City to Topeka was full, Gaines displaced a paying customer. The revenue lost by the airline was $76.

4-a. What type of cost is the $76?

multiple choice 1

Out-of-pocket cost

Average cost

Marginal cost

Opportunity cost

Differential cost

Sunk cost

4-b. To what flight, if any, is it chargeable?

multiple choice 2

August 11 flight

August 10 flight

Neither flight

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students