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MidCoast Airlines provides charter aiplane services. In October, when the company is operating at 60% of its capacity, it receives a bid from the local college The college is organizing a trip for a student group The college budgeted only $62.000 for round-tip airfare MidCoast Ailines normally charges between $82,000 and $92,000 for such service. Midcoast determines its totat cost for the round-trip flight to Washington to be $80,200, which consists of the following Athough the manager at MidCoast supports the college's educational efforts, she is struggling to justify accepting only $62,000. (a) What is the contribution margin from accepting the offer? (b) Should the airline accept the $62,000 offer from the college? Complete this question by entering your answers in the tabs below. What is the contribution margin from accepting the offer? MadCoast Arlines peovides charter airplane services. In October, when the company is operating at 60% of its capacity, it receives a bid from the local college. The college is organzing a trip for a student group. The college budgeted only $62,000 for round-trip arfare MidConst Airlines normally charges between $82,000 and $92,000 for such service. MidCoast deferinines its totat cast for the round trip fight to Washington to be $80,200, which consists of the following Nithough the manager of MidCoast supports the college's educational efforts, she is struggling to fustify accepting only $62.000. (a) What is the contribution margin from accepting the offer? (b) Should the airine accept the $62.000 offer from the college? Complete this question by entering vour answers in the tabs below: Should the alifine accept the $62,060 offer from the collego

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