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Question - A motel operation has 120 rooms. The previous year of operations reported an occupancy rate of 70 percent and the average room rate was $40.00. The owner is forecasting the occupancy rate to increase by 4 percent and the average room rate is to be increased by $5.00. Variable cost per room occupied is forecasted to be $8.50 per room. Determine the forecasted total sales revenue and total variable cost for the coming year of operations.
variable costs are 80 per unit and fixed costs are 40000. sales are estimated to be 4000 units. a. how much would
wathan inc. sold 180000 in inventory to miller co. during 2008 for 270000. miller resold 108000 of this merchandise in
(i) Discuss the extent to which directors should be accountable to: (a) shareholders; (b) employees; (c) suppliers; (d) customers; (e) the government; (f ) the public.
__________ is the process of determining which people will enter what occupations through tracking and placing select students in "ability groups" and "advanced" classes.
helen needs materials for her building business. she estimates her usage for the next four month will be 62700 in
For some years, the Adjo Trading Company Ltd. has made provision in its books for taxation based on all profits earned to the Balance Sheet date.
Additionally, if the company requires a 12% return on its investments, calculate the maximum you could charge for your marketing plan
Prepare a Direct Materials Budget at this level of production. Assume that production was actually $19,900 for 27,000 cupcakes
Harry Company sold 10,000 shares of Potter Co. common stock for $27.50 per share, incurring $1,770 in brokerage commissions.
Aiko, Lani, and Charlie own the 3-Star Partnership, sharing profits and losses 20:50:30. During the current year, 3-Star has total gross income of $500,000 and total allowable deductions of $300,000. How should each of the following taxpayers acco..
What are the contribution margin, the break-even volume, and the break-even sales in dollars? Prepare a variable costing income statement for Dodson, assuming that he prepared 300 returns
Direct labor costs are $15 per hour and three units can be produced per hour. You intend to selleach unit at a 50 percent markup over the total costs of producing each unit. The plan is to produce 500 product units per month in January, February, ..
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