Determine the inns break-even point

Assignment Help Managerial Accounting
Reference no: EM13503557

The Green Acres Inn is trying to determine its break-even point. The inn has 50 rooms that it rents at $75a night. Operating costs are as follows.

Salaries
$8,547 per month
Utilities
$1,832 per month
Depreciation
$1,221 per month
Maintenance
$610 per month
Maid service
$9 per room
Other costs
$36 per room

Determine the inn's break-even point in (1) number of rented rooms per month and (2) dollars.
(1) Break-even point rooms
(2) Break-even point $

Reference no: EM13503557

Questions Cloud

Determine the contribution margin at the break-even point : Calculate the break-even point in dollars and Break-even point fares and determine the contribution margin at the break-even point.
Taylor corp is growing quickly : Taylor Corp. is growing quickly. Dividends are expected to grow at a 29 percent rate for the next three years, with the growth rate falling off to a constant 6.3 percent thereafter.
Estimate the elongation of the cable : A high-speed lifting mechanism supports a 790-kg object with a steel cable that is 32.0 m long and 4.00 cm2 in cross-sectional area. Determine the elongation of the cable
Evaluate the ph after the addition of 0.018 mol of hcl : Calculate the pH after the addition of 0.0048 mol of NaOH and Calculate the pH after the addition of 0.018 mol of HCl.
Determine the inns break-even point : Determine the inns break-even point in (1) number of rented rooms per month and (2) dollars Break-even point rooms and break-even point
Explain the principle and construction of a hydrometer : Explain the principle and construction of a hydrometer. What is the purpose of the common measurements of the specific gravities of an automobile's radiator coolant and battery electrolyte
Which depreciation method offers the tax advantage : how much extra depreciation will Alaska Freight get to deduct for the first year as compared with the straight-line method?
What is the johnson''s 2011 taxable income : Consider Mark and Jen's income and deductions for the 2011 tax year
Calculate the force that acts on a square access hatch : A storage tank 30 m high is filled with gasoline. Calculate the force that acts on a square access hatch at the bottom of the tank that measures 0.5m by 0.5m

Reviews

Write a Review

Managerial Accounting Questions & Answers

  1 matt company uses activity-based costing the company has

1. matt company uses activity-based costing. the company has two products a and b. the annual production and sales of

  What is the incremental benefit to the company of sugar

Allocate joint costs using the relative sales values at the split-off point, and calculate the profit per 100 pound box of sugar-coated peels and the profit per pint of juice. Round to the nearest dollar.

  Rondell pharmacy-break-even-cost structure

"Breakeven analysis isn't very useful to the company because companies require to do more than break even to survive in the long run." Describe why you agree or disagree with this statement.

  Estimate of the total variable cost per unit

The company's degree of operating leverage is 8. At this sales level, fixed expenses - Estimate of the total variable cost per unit?

  Job order costing system at burlington clock works

Burlington Clock Works manufactures fine, handcrafted clocks. The firm uses a job-order costing system, and manufacturing overhead is applied on the basis of direct-labor hours.

  Cost-volume-profit analysis in health care

Suppose that the managers of hospital are setting the price on new outpatient service. Here are relevant data estimates:

  Discussion on the significance of depreciation policy

Review the 2012 annual report of any (one) national aircraft company (listed in the Australian/ Malaysian or Chinese Stock Exchange) and comment on its depreciation policy in estimating the useful lives of long-lived assets, such as aircraft used ..

  Total amount of overhead costs assigned to the deluxe model

What is the total amount of overhead costs assigned to the standard model and what is the total amount of overhead costs assigned to the deluxe model?

  Calculate the total projected sales for the quarter

Calculate the total projected sales for the quarter and At the local ice cream shop, there's a sign posted that reads, "If you don't receive a receipt, your next ice cream is free!" Is this an internal control procedure? If so, how does it work?

  Prepare mastic static budget-prepare flexible budget

A company makes a product out of metal. They employ two pounds of metal that costs them $20 per pound. They pay their employees $25 an hour and it takes average of 1.3 hours for them to make the final product.

  Joint cost allocation-net realizable value

A single production process converts a single raw material into 5,000 kg of joint product A and 5,000 kg of joint product B at a total cost of $100,000.

  Question 1assume the cfo of your organization approaches

question 1assume the cfo of your organization approaches you to ask your advice about implementing the balanced

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