Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Accounting Basics Expert

You are employed by Sunshine Airlines and your boss has asked you to do some price comparisons on competing airlines. Once you gather the data, you are required to prepare a business memo to your boss, Mr. Smith, with your findings.

Required:

1. Identify a minimum of two airlines that depart from a major airport located closest to you. This will be your departure city. Your destination will be Honolulu, HI.

2. find out round-trip fares for the following two dates. You may choose to go directly to the airline or use one of the Internet-based travel companies such as Expedia, Orbitz, Travelocity, etc.

a. Departing this Friday and returning the following Friday. Try to use any last-minute pricing sales if available.
b. Departing three weeks from this Friday and returning the following Friday.

3. find out the difference between the two fares for each airline.

4. Compare all of the fares and analyze the difference.

5. Decide whether these airlines are generating any positive contribution margin on either of these fares.

6. Identify exs of both fixed and variable costs that each airline would incur.

7. Analyze whether the costs are variable or fixed in relation to an individual passenger.

8. Prepare a business memo to your boss that includes the required information and conclude which of these two airlines is your closest competitor.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M940822

Have any Question? 


Related Questions in Accounting Basics

1 under gasb rules for the financial reporting entitya

1. Under GASB rules for the financial reporting entity a. component units are included if the primary government is financially accountable for their operations B. counties are component units of the state government C. ...

Dexter company charges to expense all equipment that costs

Dexter Company charges to expense all equipment that costs $25 or less. What concept supports this policy?

Mulberry corporation has an august 31 year-end mulberry had

Mulberry Corporation has an August 31 year-end. Mulberry had $50,000 in accumulated E & P at the beginning of its 2015 fiscal year (September 1, 2014) and during the year, it incurred a $75,000 operating loss. It also di ...

Practice questionsin what circumstances would you recommend

Practice questions: In what circumstances would you recommend the use of the machine hour overhead absorption rate?

In the citation schusters express inc 66 tc 588 1976 affd

In the citation Schuster's Express, Inc., 66 T.C. 588 (1976), aff'd 562 F.2d 39 (CA-2, 1977), nonacq., to what do the 66, 39, and nonacq. refer? • Is there an automatic right to appeal to the U.S. Supreme Court? If so, w ...

Bond issuedetermine the valuation of long-term

Bond Issue Determine the valuation of long-term liabilities. Discussion Donald Lennon is the president, founder, and majority owner of Wichita Medical Corporation, an emerging medical technology products company. Wichita ...

Note answer each question completely by supporting

Note: Answer each question completely by supporting conclusions, but do so in a clear and concise manner. I am looking for your explanation 'in your words'; not another authors summary. Therefore, excessive citing of mat ...

Accounting theory assignment-read the articles on study

Accounting Theory Assignment- Read the articles on study desk: Volkswagen The scandal explained Instructions This assignment is a research based essay where you are required to relate a practical example to accounting th ...

Big alrsquos pizza inc a new subsidiary of big alrsquos

Big Al’s Pizza, Inc., a new subsidiary of Big Al’s Pizza Emporium, has been established to produce partially baked, flash-frozen, 16-inch meat pizzas to be sold wholesale to grocery and convenience stores and school cafe ...

Question -on november 1 2017 the account balances of hamm

Question - On November 1, 2017, the account balances of Hamm Equipment Repair were as follows. No. Debit No. Credit 101 Cash $2,400 154 Accumulated Depreciation-Equipment $2,000 112 Accounts Receivable 4,200 Account Paya ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate