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Financial & Managerial Accounting

14th Edition
Carl Warren + 2 others
ISBN: 9781337119207

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BuyFindarrow_forward

Financial & Managerial Accounting

14th Edition
Carl Warren + 2 others
ISBN: 9781337119207
Textbook Problem

Passenger load on a flight

Eastern Skies Airlines his three flights that depart from New York City and arrive in Chicago every day. The three flights are as follows:

Flight Number Flight Departure Time Flight Frequency
57 8:00 AM 7 days per week
85 10:00 AM 7 days per week
94 1130AM 7 days per week

Each flight uses a jet with a capacity of 180 seats. The airline measures the utilization of the aircraft by passenger load. Passenger load is the number of seats sold divided by the number of available seats on a flight for a time period. The following operating data are available for June:

Flight Number Number of Seats Sold
57 5,130
85 2,592
94 2,376
  • A. Determine the available seat capacity for each flight number for June.
  • B. Determine the passenger load for each flight number for June.
  • C. What recommendations could you provide Eastern Skies based on the passenger load data?

A.

To determine

Managerial accounting:

Managerial accounting is the process of identifying, measuring, analyzing, interpreting, and communicating the information, which is designed to meet the goals of the organization.

To determine: The available seat capacity for each flight number in the month of June.

Explanation

Working Notes:

Determine the available seat capacity for each flight number.

(Available seat capacityfor each flight number)=(Number of&#

B.

To determine
The passenger load for each flight number in the month of June.

C.

To determine

To provide: The recommendations for Airlines ES based on the passenger load data.

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