Listed below are costs of providing an airline service. Classify each cost as (a) either variable or fixed, and (b) either direct or indirect. Consider the cost object to be a flight. Flight attendants and pilots are paid based on hours of flight time.
1. Advertising
2. Beverages and snacks
3. Regional vice-president salary
4. Depreciation on ground equipment
5. Fuel and oil used in planes
6. Flight attendant salaries
7. Pilot salaries
8. Maintenance worker wages
9. Customer service salaries

Which of the following statements is true about financial planning

Lusk corporation produces and sells 14,300 units of product x each month. the selling price of product x is $25 per unit, and variable expenses are $19 per unit. a study has been made concerning whether product x should be discontinued. the study shows that $72,000 of the $102,000 in monthly fixed expenses charged to product x would not be avoidable even if the product was discontinued. if product x is discontinued, the annual financial advantage (disadvantage) for the company of eliminating this product should be:

When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is