Calculate the number of package tours

Assignment Help Cost Accounting
Reference no: EM13514658

CVP analysis, service firm Wildlife Escapes generates average revenue of $4,000 per person on its five-day package tours to wildlife parks in Kenya. The variable costs per person are:

1488_Calculate the number of package tours.PNG

Annual fixed costs total $480,000.

1. Calculate the number of package tours that must be sold to break even.

2. Calculate the revenue needed to earn a target operating income of $1 00,000.

3. If fixed costs increase by $24,000, what decrease in variable cost per person must be achieved to maintain the breakeven point calculated in requirement1?

 

Reference no: EM13514658

Questions Cloud

Explain nitrous oxide can be produced in small quantities : Nitrous oxide gas is used by some denatl practitioners as a anesthetic. Nitrous oxide can be produced in small quantities in the laboratory by cardful heating of ammonium nitrate. Write the unbalanced chemical equation for the reaction.
Determine the total energy of the system : A 0.51 kg mass at the end of a spring vibrates 9.0 times per second with an amplitude of 0.18 m. Determine the total energy of the system
Compute the concentrations of the protonated : Calculate the concentrations of the protonated and unprotonated forms of bromothymol blue in 100 mL of a pH 8.1 buffer solution to which 1.0 mL of a 0.005 M solution of bromothymol
Calculate the unstretched length of the bungee cord : A bungee jumper with mass 62.0 kg jumps from a high bridge. After reaching his lowest point, he oscillates up and down, Calculate the unstretched length of the bungee cord
Calculate the number of package tours : Calculate the number of package tours that must be sold to break even and calculate the revenue needed to earn a target operating income of $1 00,000.
What will be the amplitude and frequency of vibration : A fisherman's scale stretches 4.2 cm when a 2.6 kg fish hangs from it. What will be the amplitude and frequency of vibration if the fish is pulled down 3.0 cm more and released so that it vibrates up and down
Concept of the inheritance of acquired characteristics : Describe the concept of the inheritance of acquired characteristics, and explain why you think it is incorrect. Look up the concept of epigenetics and tell me why Lamarck may in fact have been incorrect.
State acidity while a hydroxyl group in the meta position : Explain why a hydroxyl group in the para position (p-hydroxybenzoic acid, pKa=4.48) decreases the acidity while a hydroxyl group in the meta position (m-hydroxybenzoic acid, pKa=4.07) increases the acidity relative to benzoic acid (pKa=4.19).
How many cars must brooke motors sell each month : Brooke Motors has a target monthly net income of $51,000. What is its target monthly operating income? How many cars must be sold each month to reach the target monthly net income of $51,000?

Reviews

Write a Review

Cost Accounting Questions & Answers

  Compute the total manufacturing costs assigned to jobs

Compute the predetermined overhead rate for each department and compute the total manufacturing costs assigned to jobs in January in each department.

  The city of shipley maintains an employee retirement fund a

the city of shipley maintains an employee retirement fund a single-employer defined benefit plan that provides annuity

  Questionat the starting of 2014 ace company estimated the

questionat the starting of 2014 ace company estimated the subsequent costs to produce one unit of product 5 pounds of

  Calculate the return on assets for 2011

Explain whether translation has distorted the Spanish subsidiary's performance in 2012 compared with 2011.  If so, explain how changes in the exchange rate contributed to the distortion.

  Evaluate the allocation of the acquisition price

Evaluate the allocation of the acquisition price to undervalued assets and Goodwill Evaluate the amounts of 4 years' excess depreciation/amortization for the undervalued assets, from 2009-2012

  Prepare the necessary adjusting entries for terrell company

On May 31, 2014, Terrell Company had a cash balance per books of $6,781.50. The bank statement from Home Town State Bank on that date showed a balance of $6,804.60. A comparison of the statement with the cash account revealed the following facts.

  Statement of cash flowsa statement of cash flow is a

statement of cash flowsa statement of cash flow is a statement which shown inflow and outflows of cash and cash

  Question dinos castillo works in a wine outlet in san juan

question dinos castillo works in a wine outlet in san juan. one-gallon bottle sell for 18. daily fixed costs are 4500

  Questionpeak performance inc reported total income of

questionpeak performance inc. reported total income of 250000 for the year ended december 31 2009. peak performance

  Prepare the stockholders equity section

Prepare the stockholders' equity section, including disclosure of all relevant data.

  Questionin the 1st nbspaudit of a client because of the

questionin the 1st nbspaudit of a client because of the clients record retention policies an auditor was not able to

  Andrew brian colin diana and elizabeth were the directors

andrew brian colin diana and elizabeth were the directors of gemsales pty ltd a company engaged in the business of

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd