Calculate the rolling average for wednesdays

Assignment Help Managerial Accounting
Reference no: EM133399978

Question

Imagine that you are managing a hotel with 120 rooms. In order to track the occupancy rates you use 6 weeks trailing period. You just received information that 102 out of 120 rooms were occupied on Wednesday (10/16/13). Using updated information on the occupancy rates and the occupancy rates for the last 6 Wednesdays in Table 1, calculate the rolling average for Wednesdays.

Reference no: EM133399978

Questions Cloud

What is your ideal career : What is your ideal career, and what about it interests you? what knowledge and skills were listed that directly relate to this course?
Tommy each suggest have effect on net income : Will what Mary and Tommy each suggest have the effect on net income that they suggest? Is what Mary and Tommy each propose ethical? Why or why not?
Advantages to sharing goals written in smart : Are there any advantages to sharing goals written in the SMART format with the manager's boss?
Comprised of school and community stakeholders : Does your district/building have a leadership team comprised of school and community stakeholders?
Calculate the rolling average for wednesdays : Imagine that you are managing a hotel with 120 rooms. calculate the rolling average for Wednesdays.
What compounding rate : An investment of $129252 will return $161076 in 12 years. What (annual) compounding rate is implied by these cash flows if there is monthly compounding?
Can influence tactics be used to resist influence attempts : Can influence tactics be used to resist influence attempts? Explain why or why not. What role do influence tactics play in the corporation's role in society?
Compute breakeven carwashes margin of safety : Compute the breakeven carwashes (carwashes and total sales dollars), margin of safety and degree of operating leverage.
Southeast suites operates regional hotel chain : Southeast Suites operates a regional hotel chain. Each hotel is operated by a manager and an assistant manager/controller.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  What is the book value per share of common stock

What is the book value per share of common stock, assuming no dividends in arrears? What is the amount of legal capital and the amount of total paid

  What is rate variance for direct manufacturing labour

Actual direct manufacturing labour was $9,240 with an actual labour, What is the Rate and Efficiency variance for Direct Manufacturing Labour?

  Which budget has more than one level of production

Which budget has more than one level of production included that shows expected revenue and cost? Rolling budget/ Sales budget

  How to apply appropriate tools and techniques introduced

How to Apply appropriate tools and techniques introduced in the unit to formulate a clearly articulated ISKM strategy for McDonald's.

  Demonstrate the variable and fixed cost elements

Demonstrate the variable and fixed cost elements using the high low method. Westerville Corp. has collected the following data concerning

  Calculate boehm dividend per share for 2020

Its 2020 dividend payment is set to force dividends per share to grow at the long-run growth rate in earnings. Round your answer to the nearest cent.

  What is the probability that the time between arrivals

Curl Up & Dye is a hairdressing salon in Albury. What is the probability that the time between arrivals will be 30 minutes or less?

  What impact will accepting order have on marquette income

What impact will accepting this order have on Marquette's income in March? Should Marquette accept the order from the developer. fix cost is $33 per unit.

  What is the printing department overhead charged to job

Job 175 used 6 printing machine hours. Using normal costing what is the printing department overhead charged to job 175

  Describe the information asymmetry from the perspective

Describe the information asymmetry from the perspective of both sides, the adverse selection problems from the perspective of both sides

  What interest will be paid for the month of january

What interest will be paid for the month of January if the opening balance was $3,678, $2,800 was withdrawn on the 14th of the month and $950 was deposited

  What is his rsp contribution limit

In 2021 Wyatt earned $85,000 in employment income plus $18,000 bonus from work. If Wyatt is not part of a company pension, what is his RSP contribution limit

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