User Account

All Pages

Find what was actual variable cost per room during october

Assignment Help Managerial Accounting
Reference no: EM132806525

The Hartford Hotel determines variable costs in relation to rooms rented during a month. The following data are available for October:

  1. Actual number of rooms rented during October = 6,000
  2. Budgeted variable cost per room = $24 
  3. Variable cost price variance = $9,000 unfavorable 
  4. Variable cost volume variance = $7,200 favorable

Problem 1: What was the actual variable cost per room during October?

Option 1: $24.30

Option 2: $25.50

Option 3: $25.20

Option 4: $25.70

Reference no: EM132806525

Questions Cloud

What would be the preferred method of expansion into egypt : What would be the preferred method of expansion into Egypt if recommended (i.e. JV, greenfield, M&A). Be sure to support your decision.
What is the total interest revenue earned over life of note : Edgar Company purchased a 2,000,000, 8%. The entity did not elect the fair value option. What is the total interest revenue earned over the life of this note?
What is the cycle of violence : How do we as a society best deter delinquent behavior? What kind of punishments work and What causes one juvenile to be violent and another to not be violent?
What is income under variable costing for jack company : What Income under variable costing for 2008 is? Jack Company sells its product for $11,000 per unit. Variable costs per unit are: manufacturing, $6,000
Find what was actual variable cost per room during october : What was the actual variable cost per room during October? Actual number of rooms rented during October = 6,000. Budgeted variable cost per room = $24
Steps in the process for effective delegation : Identify the steps in the process for effective delegation
Why do you feel the variables are so important : How can three different brands be positioned relative to each other in a target market? For example, as a part of the fast-food industry, compare McDonald's.
Third-party to negotiate good financial terms : Regarding the reasons that Lucky Air cannot achieve the same level of cost advantage like its counterparts in U.S. and Europe, which statement is NOT correct?
Business ethics in international business : This assignment is intended to broaden and deepen your perspective on the application of business ethics in the international environment.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Make a responsibility report for a profit center

Make a responsibility report for a profit center, and compute ROI. The Sports Equipment Division of Harrington Company is operated as a profit center.

  Should current-control accept the offer to buy the switches

Should Current-Control accept the offer to buy the switches from the outside supplier for $32 each? Compute the total cost of making and buying the parts.

  What is the financial advantage from further processing

What is the Financial advantage (disadvantage) from further processing? Should each of the intermediate products, A and B, be sold as is

  Compute the total expected cash receipts during September

Mapleview Inc. has the following budgeted sales: July $200,000, August $300,000, Compute the total expected cash receipts during September

  Find the firm dividend payout ratio and retention ratio

It paid dividends of $970,000 to its stockholders. Find the firm's dividend payout ratio and retention ratio. (Round answers to 2 decimal places e.g. 17.54%.)

  How much is budgeted sales revenue for the third quarter

What is the total amount to be budgeted for direct labor for the month - What is the total amount to be budgeted in pounds for direct materials to be purchased for the month?

  Outline a plan for introducing lean at quality parts company

Quality Parts Company supplies gizmos for a computer manufacturer located a few miles away. Outline a plan for introducing lean at Quality Parts Company

  Which proved to be positive for melanoma

Which proved to be positive for melanoma. A 40-year-old female had recent surgery for melanoma of the left arm, documented as Clark level IV.

  Evaluate the owners decision to leave job

Evaluate the owners's decision to leave his job to start Sound Devices. What are the total explicit, total implicit, and total economic costs for the year?

  Estimate what is the profit or loss associated with copper

Landmark Coal operates a mine. Allocate the joint costs using the relative sales values. With these costs, what is the profit or loss associated with Copper?

  Analyse issues using management accounting techniques

ACC 305 Management Accounting Assessment - Research & Analysis Teamwork, Kaplan Business School Australia. Analyse issues using management accounting techniques

  Should the offer be accepted if are no alternatives uses

Should the offer be accepted if there are no alternatives uses for the manufacturing capacity currently being used to produce the casings? Why?

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