Chegg Writers

support@cheggwriters.com
  • Home
  • Services
    • Assignment Writing Services
      • Essays
      • Term Paper
      • Literature Review
      • Coursework
      • Case Study
      • Capstone Project
      • Speech Writing
    • Dissertation Writing Services
      • Dissertation Proposal
      • Dissertation Writing
      • Dissertation Editing/Proofreading
      • Grant Proposal
    • Report Writing Services
      • Critical Writing
      • Reflective Writing
    • Admission Writing Services
      • Personal Statement
      • Application Essay
      • Scholarship Essay
      • Curriculum Vitae (CV)
      • Other Services
  • How it Works
    • FAQs
  • Testimonials
  • About Us
    • Contact Us
  • Order Now
Place an Order
  • Home
  • blog
  • Springfield Express
 

Springfield Express

Thursday, 21 September 2017 / Published in Uncategorized

Springfield Express

Get An Answer to this Question.

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 Profit )/Contribution Margin
Break Even Points in Sales = (Total Fixed Costs + Target Profit )/Contribution Margin Ratio
Margin of Safety = Revenue – Break Even Points in Sales
Degree of Operating Leverage = Contribution Margin/Net Income
Net Income = Revenue – Total Variable Cost – Total Fixed Cost
Unit Product Cost using Absorption Cost = (Total Variable Cost + Total Fixed Cost)/# of units

Contribution margin per passenger =?
Contribution margin ratio =?
Break-even point in passengers = Fixed costs/Contribution Margin =
Passengers =?
Break-even point in dollars = Fixed Costs/Contribution Margin Ratio =
$ ?

Compute # of seats per train car (remember load factor?)
If you know # of BE passengers for one train car and the grand total of passengers, you can compute # of train cars (rounded) =?

Contribution margin =?
Break-even point in passengers = fixed costs/ contribution margin
Passengers =?
train cars (rounded) =?

Contribution margin =?
Break-even point in passengers = fixed costs/contribution margin
Passengers =?
train cars ( rounded) = ?

Before tax profit less the tax rate times the before tax profit = after-tax income = $ ?
Then, proceed to compute # of passengers -=?

# of discounted seats = ?
Contribution margin for discounted fares X # discounted seats = $ each train X$ ? train cars per day X ? days per month= $? minus $ additional fixed costs = $? pretax income.

1.

Compute Contribution margin

Then,

# seats X $ X # train cars = $ ?
Increased fixed cost ( ?)
Pretax gain (loss) on new route $

2 and 3. Compute # of passengers and train cars using computation approaches employed in some of the above problems.

4. Springfield should consider such things as (Think of qualitative factors that are important. In other words, not the numbers but other things that have to be considered, e.g., risks)

Place an Order Now

What you can read next

the risk factors and protective factors for drug making behavior
Phase I – Business Assessment
Due by Day 7. Network Schematics. Create a network schematic fora business you w
Thursday, 03 August 2017 / Published in Uncategorized

Springfield Express

Get An Answer to this Question.

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 Profit )/Contribution Margin

Break Even Points in Sales = (Total Fixed Costs + Target Profit )/Contribution Margin Ratio

Margin of Safety = Revenue – Break Even Points in Sales

Degree of Operating Leverage = Contribution Margin/Net Income

Net Income = Revenue – Total Variable Cost – Total Fixed Cost

Unit Product Cost using Absorption Cost = (Total Variable Cost + Total Fixed Cost)/# of units

a.

Contribution margin per passenger =?

Contribution margin ratio =?

Break-even point in passengers = Fixed costs/Contribution Margin =

Passengers =?

Break-even point in dollars = Fixed Costs/Contribution Margin Ratio =

$ ?

b.

Compute # of seats per train car (remember load factor?)

If you know # of BE passengers for one train car and the grand total of passengers, you can compute # of train cars (rounded) =?

c.

Contribution margin =?

Break-even point in passengers = fixed costs/ contribution margin

Passengers =?

train cars (rounded) =?

d.

Contribution margin =?

Break-even point in passengers = fixed costs/contribution margin

Passengers =?

train cars ( rounded) = ?

e.

Before tax profit less the tax rate times the before tax profit = after-tax income = $ ?

Then, proceed to compute # of passengers -=?

f.

# of discounted seats = ?

Contribution margin for discounted fares X # discounted seats = $ each train X$ ? train cars per day X ? days per month= $? minus $ additional fixed costs = $? pretax income.

g.

1.

Compute Contribution margin

Then,

# seats X $ X # train cars = $ ?

Increased fixed cost ( ?)

Pretax gain (loss) on new route $

2 and 3. Compute # of passengers and train cars using computation approaches employed in some of the above problems.

4. Springfield should consider such things as (Think of qualitative factors that are important. In other words, not the numbers but other things that have to be considered, e.g., risks)

Place an Order Now

What you can read next

POL 443 Week 4 DQs (Issue surrounding fuel-efficiency standards in the U.S.)
A discussion of the modern-day applications of reinforcement
Assignment Page: Futures of CorrectionsPaper

 Why Us

 Money-Back Guarantee 


 Plagiarism-free papers


 Affordable Prices and Discounts


 High Quality Papers


 FREE Revisions


 Professional Writers


 24/7 Support Team

We Accept these Payments

 Format and Free Features

 Approx. 275 words / page


 All paper formats (APA, MLA, Harvard, Chicago/Turabian)


 Font: 12 point Arial/Times New Roman


 Double and single spacing


 FREE bibliography page


 FREE title page


 Progressive Delivery

Secure and Confidential

Trusted

NEED HELP WRITING YOUR PAPER?

PLACE AN ORDER WITH US TODAY AND ENJOY A 10% DISCOUNT. USE DISCOUNT CODE: Disc10

Place an Order

CHEGG WRITERS

Our Company


About us 

Contact Us

Our Testimonials

How it Works

Faqs

Tools


Free Plagiarism Checker

Writing Style Guides

Bibliography Generator

Place an Order

Our Services 


Assignment Help & Services

Dissertation Writing Services

Report Writing Services

Admission Writing Services

Formatting/Editing/Proofreading

Payment Methods


Custom Writing Services

ARTS


Architecture
Art history
Aviation
Drama
Classic English literature
Culture
Film studies
Literature
Music
Philosophy
Poetry
Religious studies
Shakespeare studies
Theater studies
World literature

 

SOCIAL


Civics
Cognitive Science
Criminology
Education
Family and consumer science
Health
Journalism
Psychology
Sociology

LANGUAGES


English

ECONOMIC & FINANCE


Economics
Finance

HISTORY & POLITICS 


Political science
World affairs

LAW


Criminal Law
Business Law

HUMAN & NATURE


Anthropology
Archaeology
Astronomy
Biochemistry
Biology
Botany
Chemistry
Ecology
Environmental studies
Genetics
Geography
Medicine
Nursing
Physics
Urban Studies

 

COMPANY INFO

Live Chat 24/7 Availability

+1 (631) 573-5413

support@cheggwriters.com

DMCA.com Protection Status

© 2008— 2017 Chegg Writers. All Rights Reserved.

Attention!
Using services provided by Cheggwriters.com is LEGAL and IS NOT prohibited.

You are allowed to use the custom written papers we provide in the following ways:

  1. Get a better understanding of the topic or coursework
  2. Help you do your own research (if properly referenced)
  3. As a sample and guide for your research (see your school's definition of plagiarism)
  4. For referencing purposes (if referenced properly)
Thank you for choosing our service.

Disclaimer

Chegg Writers: Provides custom writing services including dissertations, research papers, article writing, term papers, coursework, blog content, and other content for research assistance purposes. Ensure you include proper reference for these material.

Cookie Policy

We use cookies to give you the best possible experience on our website. By continuing to browse and use Chegg Writers, you give consent for cookies to be used. We value your privacy and do not close anything to third parties. Thank you for choosing us.

TOP