Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 1 Day Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 26 Jul 2017 My Price 6.00

Airport Connection


ACC 560 Week 4 Assignment

E5-11 Airport Connection provides shuttle service between four hotels near a medical center and an international airport. Airport Connection uses two 10 passenger vans to offer 12 round trips per day. A recent month's activity in the form of a cost-volume-profit income statement is shown below.

Fare revenues (1,440 fares) $36,000
Variable costs 
Fuel $5,040 
Tolls and Parking 3,100 
Maintenance 500 8,640
Contribution margin 27,360
Fixed costs 
Salaries 13,000 
Depreciation 1,300 
Insurance 1,128 15,428
Net income $11,932

Instructions
(a) Identify the above costs as variable, fixed, or mixed.
(b) Calculate the expected costs when production is 5,000 units.

Answers

Maurice Tutor
(5)
Status NEW Posted 26 Jul 2017 12:07 PM My Price 6.00

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