Compute total costs be for the month

Assignment Help Cost Accounting
Reference no: EM139640

Q: The Sunrise Hotel has 200 rooms. Each room rents at $110 per night and variable costs total $16 per room per night of occupancy. Fixed costs total $84,000 per month.

If 80% of the rooms are occupied each night in the month of February (28 days) what will total costs be for the month?

A) $86,560.
B) $173,600.
C) $71,680.
D) $155,680.

Reference no: EM139640

Questions Cloud

Evaluate financial impact of spending this additional money : What would be the financial impact of spending this additional money on advertising for the month of February
Key factors which impact company decision : Examine the major factors which impact a company’s decision of whether to pay the dividend and determine what you believe is the most significant driver of the decision.
Discuss the main forces to increase the globalization : Main forces to increase the globalization and explain the challenges / opportunities
Computation of future annual receipts considering inflation : Computation of future annual receipts considering inflation rate and what annual income should he plan to receive in the first year of retirement in order to maintain the purchasing power on $20,000
Compute total costs be for the month : Fixed costs total $84,000 per month, If 80% of the rooms are occupied each night in the month of February Compute total costs be for the month
Set up necessary t accounts : A business paid 100 to cash to Karen Smith (the owner of the business) for her personal use. Set up the necessary T accounts and show how this transaction would be recorded directly to those accounts
Computation of contract investment realization : Computation of Contract Investment realization and definition of the term hedging and You hold the option until the expiration date when IBM stock
What kind of tool is this : On the back of an envelope, Phoebe writes: "I promise to pay $ 600 Characteristic or bearer on demand [Signed] Phoebe .." What kind of tool is this?
Computation of hpr listed price of a bond and value : Computation of HPR listed price of a bond and value of put option and You put up $50 at the beginning of the year for an investment

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

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