Principles of Accounting

Principles of Accounting

1) Air Frisco leases a single jet aircraft and operates between San Francisco and the Fiji Islands. Flights leave San Fransico on Mondays and Thursdays and depart from Fiji on Wed. and Sat. Air Frisco can not offer any more flights between San Fransico & Fiji. Only tourist class seats are available on its planes.

An analyst has collected the following information:

Seating capacity per plane 380 passengers,

Avg # of passengers per flt 175 passengers,

flts per week 4 flts,

flts per yr 208 flts,

avg one-way fare $299,

variable fuel costs $14,000 per flt,

food ...