Embry Riddle Aeronautical University Aircraft Cost Variance Discussion

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pebff34

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Embry Riddle Aeronautical University

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Hello,

Here are the instructions for this discussion:

Scenario

Read the following scenario and then thoughtfully discuss the questions.

Pick an organization within the airline industry that you are familiar with or interested in learning about. Identify an example of when a favorable cost variable would not be good news for the performance of the organization.

Discuss

  • What department would be responsible for the variance?
  • What would you recommend to correct the variance?
  • Explain your reasoning.

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Explanation & Answer

Hey Cross34,Here you go, kindly check it out and feel free to invite me for more...

Aircraft Cost Variance

Student’s Name
Institution
Course Name and Number
Instructor’s Name
Date

Aircraft Cost Variance
Variable costs in the aircraft industry are those costs that increase with activities, but the
cost per unit time remains constant. The consumption of fuel is high when the aircrafts are
operational and has a multiplier effect on the revenue generated. Despite the company incurring
zero fuel costs when the aircrafts are not operational, it has a negative effect on the r...


Anonymous
Awesome! Perfect study aid.

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