User Account

All Pages

What was the actual variable cost per room during October

Assignment Help Managerial Accounting
Reference no: EM132786239

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

Actual number of rooms rented during October = 6,000

Budgeted variable cost per room = $24

Variable cost price variance = $9,000 unfavorable

Variable cost volume variance = $7,200 favorable

What was the actual variable cost per room during October?

a. $24.30

b. $25.50

c. $25.20

d. $25.70

Reference no: EM132786239

Questions Cloud

Explain idea of opportunity cost : They use the idea of opportunity cost. Explain the concept of opportunity cost and illustrate with an example.
Discuss about your current levels of tension and stress : Think about your current levels of tension and stress. On a scale of 1-10 with 10 being the highest level, what is your score? Now think about the strategies.
Compute the income under variable costing : Sales was 20 units in 2007, 16 units in 2008, and 24 units in 2009. Compute the Income under variable costing for 2008
Describing the steps would take after the discovery : Based on this information write a one-page memo to the IT manager, Donald Lee, describing the steps you would take after this discovery.
What was the actual variable cost per room during October : The Hartford Hotel determines variable costs in relation to rooms rented during a month. What was the actual variable cost per room during October
Describe difference between euthanasia and physician-assist : Describe the difference between euthanasia and physician-assisted suicide. Describe a scientific technique or practice related to genetics and eugenics.
Difference between microeconomics and macroeconomics : What's the difference between microeconomics and macroeconomics? What are the fundamentals of each of the two?
Describe the two key components of balance of trade : Name and describe the two key components of a balance of trade. Is a persistent trade deficit a matter of grave concern? Why or why not? with reference
Do some research on the affordable care act : Do some research on the Affordable Care Act. You can start with the government sponsored website, Health and Human Services Website, but find an additional.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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