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Question 1: Sox Shogun Hotel sold 2,000 rooms during the past month at an ADR of $70.00. During this month, the ADR is increased by $7.00 and the total number of rooms sold is 1,900. What is the price elasticity of demand? What is the effect of the decrease in the #of rooms to the total room revenue for the Sox Shogun Hotel during this month?
What is meant by a non-value-added cost? What are two potential non-value-added costs for airlines, banks, and hotels.
How many hours are missing the fulfill the demand? What is the most optimal plan and what is the maximal profit that can be achieved.
The overhead costs to re-vamp a new system, production slow-down, costs of training will all have a negative effect in revenue earned if this change is done after the fact.
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity- based costing system contains the following six activity cost pools and activity rates:
How much of the total sales revenue is expected to be paid with cash and how many customer transaction does the company expect in January?
ACC511 Managerial Finance Assessment Task Project Evaluation. Briefly define an 'efficient' capital market. To what extent is Equator's ability to borrow funds in the capital market dependent upon the capital market operating in an efficient manne..
Identify whether you would treat them as a fixed or variable cost explain the reasoning for your classification based on the historical information and the planning you did for new marketing programs for the upcoming year,
If the original cost had been $50,000 and the company could now sell the phones for $25,000 what should Heston do? Should the company scrap them or rework them?
Allocate joint costs based on relative sales values. With these costs, what is the profit associated with each type of fish?
How much cash is expected for payments on account in June? Wight Inc. purchases raw materials on account for use in production
Current year will decrease when compared to the previous year because the production has increased. Is Bjorn right or wrong in his statement and why?
Why is budgeting important to managers? What are the advantages of effectively budgeting and/or the disadvantages of poorly budgeting?
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