Taking into account my operating and fuel costs, airport charges (gotta mow the runway every so often), etc., the estimated cost per flight is $2,000. I expect to fly full flights (100 passengers…I cram them into my little Cessna), so the marginal cost on a per-passenger basis is $20 ($2,000/100). Finally, I've estimated my demand curve for the local area to be P = 120 – 0.1Q, where P is the fare in dollars, and Q is the number of passengers per week. Based on this information:

A. What fare should I charge? At this fare, how many passengers will MushAir carry, and how many flights will I have to make? What is my weekly profit? (4 points)

B. Suppose that, using all the above information, a grain company offers me $4,000 per week to haul corn to Chicago. Obviously, I will have the plane filled up with corn and won't have any passengers, so I'd have to replace one of my weekly passenger flights with the corn flight (the operating cost would be the same…I won't have to pay for in-flight entertainment, but I'll have to vacuum it out after the flight). Should I carry the corn? Why or why not? (2 points)

If you want to compare two different investments, what should you calculate

Auniversity spent $1.8 million to install solar panels atop a parking garage. these panels will have a capacity of 400 kilowatts (kw) and have a life expectancy of 20 years. suppose that the discount rate is 20%, that electricity can be purchased at $0.10 per kilowatt-hour (kwh), and that the marginal cost of electricity production using the solar panels is zero. hint: it may be easier to think of the present value of operating the solar panels for 1 hour per year first. approximately how many hours per year will the solar panels need to operate to enable this project to break even? a. a.3,696.48 b.14,785.92 c.9,241.20 if the solar panels can operate only for 8,317 hours a year at maximum, the project (would/would not)break even?

Sweeten company had no jobs in progress at the beginning of march and no beginning inventories. the company has two manufacturing departments--molding and fabrication. it started, completed, and sold only two jobs during march—job p and job q. the following additional information is available for the company as a whole and for jobs p and q (all data and questions relate to the month of march): molding fabrication total estimated total machine-hours used 2,500 1,500 4,000 estimated total fixed manufacturing overhead $ 10,000 $ 15,000 $ 25,000 estimated variable manufacturing overhead per machine-hour $ 1.40 $ 2.20 job p job q direct materials $ 13,000 $ 8,000 direct labor cost $ 21,000 $ 7,500 actual machine-hours used: molding 1,700 800 fabrication 600 900 total 2,300 1,700 sweeten company had no underapplied or overapplied manufacturing overhead costs during the month. required: for questions 1-8, assume that sweeten company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. for questions 9-15, assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. 1. what was the company’s plantwide predetermined overhead rate? (round your answer to 2 decimal places.) next