How much are estimated monthly variable costs

Assignment Help Finance Basics
Reference no: EM13271971

Rooter's Cleaning Services provided data concerning the costs incurred to clean hotel rooms for which hotel customers pay $150 per night. Data for the past 7 months are as follows:$150 per night. Data for the past 7 months are as follows:


January February March April May June July
Number of rooms cleaned 250 160 200 150 270 170 260
Cleaning cost $6,450 $4,060 $5,100 $4,100 $6,760 $4,200 $6,530

How much are estimated monthly variable costs using the high-low method?

 

Reference no: EM13271971

Questions Cloud

What is the luminosity of this star : A star with a surface temperature of 19,000 K and a radius of 3.7 X 106 km is located at a distance of 520 pc from the Earth. What is the luminosity of this star
Determine the present value of this 5 year forecast period : However, competitive pressures and increased costs are expected to shrink margins to 11% in years 4 and 5.
Compute the noise figure of the combination : A particular communications system has 2 identical receiver stages connected in cascade, each with gain 7 dB and noise figure 4 dB. Compute the noise figure of the combination assuming the stages are impedance matched.
Obtain the pressure of the gas : In an open manometer filled with mercury (densty = 13600 kg ? m3 ), the level of mercury column in the air side is 0.09 m higher than that in the gas side
How much are estimated monthly variable costs : How much are estimated monthly variable costs using the high-low method?
Define how many liters of gas are produced : B. If each mole of gas occupies 59 L under the conditions of the explosion, how many liters of gas are produced. C. Express your answer using two significant figures. How many grams OF N2are produced in the detonation
Man inherently good or evil : Man inherently good or evil? Is his progress inevitable? If left to his own resources, will he act benevolently or will he enter into conflict with his fellow man? Give an example from the 20th century and one contemporary example
What was the gain on the reacquisition of the bonds : Interest is payable semiannually, on April 1 and October 1, and the bonds mature on April 1, 20X6. On February 1, 20X2, $1,000 of these bonds are reacquired at 108 percent and accrued interest. Required: What was the gain (loss) on the reacquisiti..
What is the total mass of the dark matter in this galaxy : A star in a distant galaxy is located at a distance of 20 kpc from the center of that galaxy. What is the total mass of the dark matter in this galaxy

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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