Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
A company operates sight-seeing buses. Management has identified two cost drivers-the number of buses in operation and the number of passengers served -that it uses in its budgeting and performance reports. Data concerning the company's cost formulas appear below:
Fixed Cost per Month Cost per bus Cost per passenger
Vehicle Operating costs 6800 476 4
Advertising 2500
Administrative costs 5300 38 1.5
Insurance 3900
Question 1: For example, vehicle operating costs should be $6,800 per month plus $476 per bus plus $4 per passenger. The company's sales revenue should average $28 per passenger. In July, the company operated 45 buses and served a total of 3,200 passengers. How much is the company's flexible budget operating income for July?
Multiple Choice
Option 1: $48,580
Option 2: $30,370
Option 3: $28,220
Option 4: $59,230
Compute Holt's EVA. Assume definitions of after-tax operating income and invested capital as reported in Holt's annual reports without adjustments
For each transaction, prepare any necessary adjusting journal entry as of December 31 (or any other applicable date provided).
Find and Describe the company, its products, and the specific manufacturing costs it incurs. Categorize each cost into the three manufacturing cost categories
How to do a normal-costing income statement for the first year of operation? During 2020, Rafael Corp. produced 29,520 units and sold 29,520
Compute the direct manufacturing labour rate and efficiency variances for the quarter. Compute the direct materials price and efficiency variances
menlo company distributes a single product. the companys sales and expenses for last month
Describe the ways in which the widespread adoption of clean cook stoves will address the global environmental issues discussed
Determine What is the firm's margin of safety? Manufacturing overhead, Selling and administrative,Selling price per unit (package of 2 CDs)
For each independence threat identified, describe the course of action Hall & Associates needs to take to ensure compliance with APES 110.
If this is accomplished, how much cash would be made available with the new collection period? Total annual credit sales are approximately $9.73 million.
Assume company could sell as much of each product as it produces, in which order would the company produce and sell each of its products to maximize profits?
Describe how use of the net present value technique would assist the company in coming up with the best investment decision.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd