Bright travel agency specializes in flights between toronto and jamaica. it books passengers on ottawa air....

Bright travel agency specializes in flights between toronto and jamaica. it books passengers on ottawa air. brights fixed costs are $25,500 per month. ottawa air charges passengers $1,300 per round trip ticket.

Calculate the number of tickets bright must sell each month to (a) break even and (b) make a target operating income of $10,000 per month in each of the following independent cases. (round up to the nearest whole number. ex 10.2 should be 11)

1. Brights variable costs are $44 per ticket. ottawa air pays bright 6% commission on ticket price

2. Brights variable costs are $28 per ticket. ottawa air pays bright 6% commission on ticket price.

3. Brights variable costs are $28 per ticket. ottawa air pays $48 fixed commission per ticket to bright. comment on the results

4. Brights variable costs are $28 per ticket. it receives $48 commission per ticket from ottawa air. it charges its customers a delivery fee of $10 per ticket. comment on the results

Expert Solution

ekkarill92 answered 2 years ago

Sparkle Travel Agency specializes in flights between Toronto and Jamaica. It books passengers on Ottawa Air....

Sparkle Travel Agency specializes in flights between Toronto and Jamaica. It books passengers on Ottawa Air. Sparkle's fixed costs are$ 29,500 per month. Ottawa Air charges passengers $1,600 per round-trip ticket. Breakeven number of units = ____ / ____ Calculate the number of tickets Sparkle must sell each month to (a) break even and (b) make a target operating income of $19,000 per month in each of the following independent cases. (Round up to the nearest whole number. Forexample, 10.2...

Sunset Travel Agency specializes in flights between Toronto and Jamaica. It books passengers on OshawaOshawa Air....

Sunset Travel Agency specializes in flights between Toronto and Jamaica. It books passengers on OshawaOshawa Air. SunsetSunset's fixed costs are $29,500 per month. OshawaOshawa Air charges passengers $1,600 per round-trip ticket. Read the requiremennt. Calculate the number of tickets SunsetSunset must sell each month to (a) break even and(b) make a target operating income of $12,000 per month in each of the following independent cases. (Round up to the nearest whole number. For example, 10.2 should be rounded up to...

Question-4 Travel Agency specializes in flights between Toronto and Peru. It books passengers on Toronto Air....

Question-4 Travel Agency specializes in flights between Toronto and Peru. It books passengers on Toronto Air. North’s fixed costs are $35,000 per month. Toronto Air charges passengers $1,700 per round-trip ticket. Calculate the number of tickets North Travel must sell each month to (a) break even and (b) make a target operating income of $17,000 per month in each of the following independent cases. Required: 1. North’s variable costs are $33 per ticket. Toronto Air pays Sunset 5% commission on...

Dana Travel Agency specialises in flights between Los Angeles and London. It books passengers on Virgin...

Dana Travel Agency specialises in flights between Los Angeles and London. It books passengers on Virgin Airlines at £900 per round-trip ticket. Until last month, Virgin paid Dana a commission of 10% of the ticket price paid by each passenger. This commission was Dana’s only source of income. The agency expects to sell 500 tickets each month. Dana’s fixed costs are £14,000 per month (for salaries, rent, and so on), and its variable costs are £20 per ticket purchased for...

RAK Travel Agency specialises in tour packages between Dubai and Salalah. It books Passengers on EK...

RAK Travel Agency specialises in tour packages between Dubai and Salalah. It books Passengers on EK Airlines at AED 900 per round-trip package. Until last month, EK Airlines paid RAK Travel a commission of 10% of the package price paid by each passenger. This commission was RAK Travel’s only source of revenues. RAK Travel’s fixed costs are AED 14 000 per month (for salaries, rent, etc.) and its variable costs are AED 20 per package purchased for a passenger. This...

Borunda Air uses two measures of activity, flights and passengers, in the cost formulas in its...

Borunda 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 $46,100 per month plus $2,808 per flight plus $14 per passenger. The company expected its activity in July to be 137 flights and 320 passengers, but the actual activity was 141 flights and 316 passengers. The actual cost for plane operating costs in July was $429,080. The activity variance for plane operating...

York Airlines offers three classes of service on their flights between Toronto and Vancouver: economy, premium...

York Airlines offers three classes of service on their flights between Toronto and Vancouver: economy, premium economy, and business class. Andrew, a student, is willing to pay a maximum of $300 for an economy class ticket, but is willing to pay up to $100 extra to travel in premium economy or in business class. Rebecca, a successful CEO, is willing to pay up to $500 for an economy class ticket, $800 for a premium economy ticket, and $1,000 for a...

Distance (air miles) Fare (dollars) An air travel service is interested in the relationship between distance...

Distance (air miles) Fare (dollars) An air travel service is interested in the relationship between distance and airfare. Using distance as the independent variable and an alpha level of .05 answer the following: 636 109 2395 252 2176 221 605 151 403 138 1258 209 264 254 627 259 2342 215 177 128 2521 348 1050 224 441 175 1021 256 336 121 752 252 1333 206 1460 167 2350 308 621 152 737 175 853 191 1894 231 2465...

Superior Air Flights is considering the purchase of a helicopter to connect service between its base...

Superior Air Flights is considering the purchase of a helicopter to connect service between its base airport and a new field being built about 30 miles away. The choppers are assumed to be needed for only 6 years until a rapid transit service is completed. Estimates of the two craft under consideration are as follows: Birdie Rooster First Cost (I) $95,000 $120,000 Annual Maintenance (OM) $3,000 $9,000 Salvage Value (S) $12,000 $25,000 Life in years (n) 3 6 Which option...

4) The following equations represent the market for air travel between the United States and Europe....

4) The following equations represent the market for air travel between the United States and Europe. Use the equations to answer the following questions. ?? = 160,000 − 200? ?? = 500? − 1000 a) Find the price intercept for both the supply and demand curves. b) Find the equilibrium price and quantity for air travel between the United States and Europe. c) Show the price intercepts and equilibrium graphically. d) Calculate consumer surplus and shade in the area on...

Question