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Q. 1 Based on the information provided in below screenshot. Please find the Break-even point...

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Accounting

Q. 1 Based on the information provided in below screenshot. Please find the Break-even point

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Cullumber Airways, Inc, a small two-plane passenger airline, has asked for your assistance in some basic analysis of its operations. Both planes seat 10 passengers each, and they fly commuters from Cullumber's base airport to the major city in the state, Metropolis. Each month, 40 round-trip flights are made. The following is a recent month's activity in the form of a cost-volume-profit income statement. Fare revenues (400 passenger flights) $50,880 Variable costs Fuel $14,840 Snacks and drinks 848 Landing fees 2,120 Supplies and forms 1,272 19.080 Contribution margin 31,800 Fixed costs Depreciation 3,180 Salaries 15,900 Advertising 530 Airport hanger fees 1,855 21,465 Net income $10,335 (a1) Calculate the break-even point in sales dollars. Break-even point $

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