ACCT 505 Case Study 1 Week 3 Guidance
in Accounting by neel
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Description
Case Study 1
Springfield Express is a luxury passenger carrier in Texas. All seats are first class, and the following data are available:
Number of seats per passenger train car 90
Average load factor (percentage of seats filled) 70%
Average full passenger fare 160
Average variable cost per passenger 70
Fixed operating cost per month 3,150,000
Formula :
Revenue Units Sold * Unit price
Contribution Margin Revenue - All Variable Cost
Contribution Margin Ratio Contribution Margin/Selling Price
Break Even Points in Units (Total Fixed Costs Target...
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Published On:
06/08/2015
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341
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acct-505-case-study-1-week-3-guidance-61.doc
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