What is the total reservation cost

Assignment Help Accounting Basics
Reference no: EM13512595

Assume Intervale Railway is considering hiring a reservations agency to handle passenger reservations. The agency would charge a flat fee of $13,000 per month, plus $3 per passenger reservation. What is the total reservation cost if 200,000 passengers take the trip next month?

a. $613,000 c. $600,000

b. $3.07 d. $13,000

Reference no: EM13512595

Questions Cloud

What could cause the bank balance : Why might a bank statement reflect a balance that is larger than the balance recorded in the depositor's books? What could cause the bank balance to be smaller than the book balance?
Evaluate the angular velocity of the disk : A solid disk rotates in the horizontal plane at an angular velocity of 0.077 rad/s with respect to an axis perpendicular to the disk at its center. what is the angular velocity of the disk
Determine the safety stock level : Using the expected value approach, determine the safety stock level.
Define how many grams of formic acid hcooh : How many grams of formic acid, HCOOH, must be added to 0.240 L of 0.110 M sodium formate, HCOONa, to yield a buffer solution with a pH of 3.50. Assume no volume change. Ka of HCOOH = 5.0 10-4
What is the total reservation cost : What is the total reservation cost if 200,000 passengers take the trip next month?
Calculate the cost of the 35,000 units : Calculate the cost of the 35,000 units completed and transferred out and the 30,000 units, 40% complete, in the ending Work in process
Estimate the specific heat capacity of the sample : A laboratory technician drops a 0.0850-kg sample of unknown material, at a temperature of 100.0C, into a calorimeter. The calorimeter can, Compute the specific heat capacity of the sample
Determine the gross profit under the lifo : Determine the gross profit under the (a) LIFO and (b) FIFO assumptions, given the following information.
Determine the ending inventory cost by the fifo method : After taking a physical count, we find that we have 14 units on hand. Determine the ending inventory cost by the (a) FIFO method, (b) LIFO method and (c) weighted average.

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.

  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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd