Canniff Air uses two measures of activity, flights and passengers, in the cost formulas in...
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Accounting
Canniff Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports. The cost formula for plane operating costs is $ per month plus $ per flight plus $ per passenger. The company expected its activity in February to be flights and passengers, but the actual activity was flights and passengers. The actual cost for plane operating costs in February was $ The plane operating costs in the planning budget for February would be closest to:
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$
$
$
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