User Account

All Pages

Determine the guest nights for june

Assignment Help Managerial Accounting
Reference no: EM132530183

Occupancy Rate

Jake's Cabins is a small motel chain with locations near the national parks of Utah, Wyoming, and Montana. The chain has a total of 500 guest rooms. The following operating data are available for June:

Number of Guests             Nights per Visit               Guest Nights

4,400                                1                                    4,400

1,800                                2                                   3,600

750                                    3                                   2,250

600                                    4                                    2,400

20                                      5                                      100

Question a. Determine the guest nights for June.

Question b. Determine the available room nights for June.

Question c. Determine the occupancy rate for June.

Question d. Assume that the occupancy rate for June of the prior year was 82%. Has the utilization rate for Jake's Cabins improved or declined?

Reference no: EM132530183

Questions Cloud

Should go about forming our opinions about civic affairs : As responsible citizens, how do you think we should go about forming our opinions about civic affairs? How closely have you examined your own opinions
How many kilograms were purchased : The standard cost of the material was $2.00 per kilogram and there was an unfavorable materials price variance of $3,280. How many kilograms were purchased
Demonstrate net cash provided by operating activities : If accounts receivable increased $140,000 and accounts payable decreased $40,000, net cash provided by operating activities using the indirect method is
What would be the total combined direct labor cost : Morie Corporation is working on its direct labor budget for the next two months. What would be the total combined direct labor cost for the two months
Determine the guest nights for june : Assume that the occupancy rate for June of the prior year was 82%. Has the utilization rate for Jake's Cabins improved or declined?
What would be the weight used for equity : FarCry Industries, a maker of telecommunications equipment, has 2 million shares of common stock outstanding, What would be the weight used for equity
Which management accounting information is false : Which statements regarding management accounting information is false? The cost of providing the information must be considered in the light of the benefits
What is the consolidated balance for the Equipment account : Kimmel has equipment with a book value of $189,700 but a fair value of $355,600. What is the consolidated balance for the Equipment account
Find what would be the company roi : Corporation provides business-to-business services,What would be company ROI? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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