ACCT 505 Course Great Wisdom / tutorialrank.com ACCT 505 Course Great Wisdom / tutorialrank.com | Page 12
$55,000 Prepare a Schedule of Cost of Goods Manufactured and a
Schedule of Cost of Goods Sold in good form.
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ACCT 505 Week 3 Case Study II (DEVRY)
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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
What is the break-even point in passengers and revenues per month?
What is the break-even point in number of passenger train cars per