User Account

All Pages

Determine the available room nights for July

Assignment Help Managerial Accounting
Reference no: EM132758140

Problem - Occupancy rate - Stay-4-Ever is a small motel chain with locations in the northeastern United States. The chain has a total of 200 rooms. The following operating data are available for July:

Number of Guests

Nights per Visit

Guest Nights

1,600

1

1,600

750

2

1,500

275

3

825

80

4

320

19

5

95

Required -

a. Determine the guest nights for July.

b. Determine the available room nights for July.

c. Determine the occupancy rate for July.

d. Assume that the occupancy rate for July of the prior year was 75%. Has the utilization rate for Stay-4-Ever improved or declined?

Reference no: EM132758140

Questions Cloud

What is the correct adjusting journal entries on year : What is the correct adjusting journal entries on year ended 31 October 2020? and why? Interest of RM208 on the bank loan (long-term) of October were paid
Stockholders are interchanged with stakeholders : Define stakeholder keeping in mind that a common mistake is that shareholders/stockholders are interchanged with stakeholders.
Which option would you suggest doug pursue : Pipsqueak Co. has an exciting opportunity to buy out its main local competitor for $200,000. Doug Kindle, owner/operator of the business, calculates the combine
What are the factors favoring a high-dividend policy : What are the factors favoring a high-dividend policy?
Determine the available room nights for July : Occupancy rate - Stay-4-Ever is a small motel chain with locations in the northeastern United States. Determine the available room nights for July
What amounts will be reported on the income statement : On January 1 of this year, What amounts will be reported on the income statement and balance sheet at the end of Year 1 and Year 2?
Compare different types of construction information : Compare different types of construction information to identify their suitability in specific contexts - Develop construction drawings, details, schedules
Hazard communication and cumulative trauma disorders : Hazard communication: How will you notify people of potentially dangerous or unhealthy work conditions?
What is the net advantage of reworking the keyboards : What is the net advantage or disadvantage of reworking the keyboards? The Manassas Company has 55 obsolete keyboards that are carried in inventory

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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