Business, 02.07.2020 03:01 erikloza12pdidtx
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 $56,960 per month plus $2,634 per flight plus $6 per passenger. The company expected its activity in February to be 67 flights and 270 passengers, but the actual activity was 66 flights and 271 passengers. The actual cost for plane operating costs in February was $231,250. The plane operating costs in the planning budget for February would be closest to:
Answers: 2
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Canniff Air uses two measures of activity, flights and passengers, in the cost formulas in its budge...
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