If Intervale Railway’s fixed costs total $90,000 per month, the variable cost per passenger is $45,…


Question Description:

29.99

If Intervale Railway’s fixed costs total $90,000 per month, the variable cost per passenger is $45,… 1 answer below » 1. Suppose Intervale Railway’s total revenues are $4,000,000, its variable costs are $2,000,000, and its fixed costs are $800,000. Compute the breakeven point in dollars. a. $4,000,000 b. $800,000 c. $1,600,000 d. $2,000,000 2. If Intervale Railway’s fixed costs total $90,000 per month, the variable cost per passenger is $45, and tickets sell for $75, how much revenue must the Railway generate to earn $120,000 in operating income per month? a. $350,000 b. $210,000 c. $7,000 d. $525,000 Jul 18 2014 01:00 PM

Answer

29.99