Karpin jeep tours operates jeep tours in the heart of the

Reference no: EM13567277

Karpin Jeep Tours operates jeep tours in the heart of the Colorado Rockies. The company bases its budgets on two measures of activity (i.e., cost drivers), namely guests and jeeps. One vehicle used in one tour on one day counts as a jeep. Each jeep has one tour guide. The company uses the following data in its budgeting:

fixed element variable element variable element

per month per guest per jeep

revenue................................ $0 $93 $0

tour guide wages................... $0 $0 $107

vehicle expenses.................. $3100 $8 $73

administrative expenses....... $2500 $3 $0

In July, the company budgeted for 434 guests and 132 jeeps. The actual activity for the month was 459 guests and 137 jeeps.

Required: Prepare the company's flexible budget for the actual level of activity in July.

Reference no: EM13567277

Questions Cloud

You reckon that it will produce an inflow after operating : 1. a factory costs 800000. you reckon that it will produce an inflow after operating costs of 170000 a year for 10

The contribution margin per unit was 2 and fixed expenses : a total of 42600 units were sold last year. the contribution margin per unit was 2 and fixed expenses totaled 28400 for

You will receive a 100000 inheritance in 15 years your : you will receive a 100000 inheritance in 15 years. your investments earn six percent per year compounded annually. to

The following is a series of related transactions between : the following is a series of related transactions between siogo shoes a shoe wholesaler and sole mates a chain of

Karpin jeep tours operates jeep tours in the heart of the : karpin jeep tours operates jeep tours in the heart of the colorado rockies. the company bases its budgets on two

Corporations that issue bonds are able to deduct the : corporations that issue bonds are able to deduct the coupon interest payments on their income statement. where on the

An annual dividend equal to 15 per year if the current : cost of preferred stock fjord luxury liners has preferred shares outstanding that pay an annual dividend equal to 15

In denver colorado with interest at the rate of 700 seven : the account department of delta sales company receives an instrument that states march 16 20 1 1. thirty days later

One of the operations in the united states postal service : one of the operations in the united states postal service is a mechanical mail sorting operation. in this operation

User Account

All Pages