User Account

All Pages

Determine what is the cost variance

Assignment Help Accounting Basics
Reference no: EM132609304

Question 1: Hotels budget is to sell 2400 rooms per month with a budget cost of $20 per room. Actual number of rooms sold turned out to be 2500 and actual cost per room was $22. What is the cost variance?

Reference no: EM132609304

Questions Cloud

How evaluate what is the net present value of the investment : Evaluate What is the net present value (rounded to the nearest thousand) of the investment assuming the required rate of return is 10 percent?
How does introduction of leadership help in decision making : How does Introduction of leadership help in decision making? Suppose you are post of manager any of the organization
Team communication : Team communication is one of the key factors in building a successful team. When the team cannot communicate properly the project can lead to disaster.
Stages of the value creation process : Give an example about stages of the value creation process.
Determine what is the cost variance : Budget cost of $20 per room. Actual number of rooms sold turned out to be 2500 and actual cost per room was $22. What is the cost variance?
Leadership and management in complex systems : Our observations from the case study reading in the chapter material, Leadership and Management in Complex Systems research by Jager
What are the 3 important lessons learnt from google : Google car case study: what are the 3 important lessons learnt from Google car case study that can be applied to an organization
Estimate what is the price variance : What is the price variance?Budget cover: 2,000. Budget average check: $8. Actual covers: 2,100. Actual average check: $8.25.
Change and patch management : Analyze IT change management and patch management processes needed within organizations.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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