User Account

All Pages

What would be the cost of the program

Assignment Help Accounting Basics
Reference no: EM132479647

Point 1: Clifftown's Parks and Recreation Department is introducing a new summer program for children in elementary school. Programming runs from 8:00 a.m. to 5:00 p.m., Monday through Friday. The proposed camp is 10 weeks long and is planned for 50 children. Fixed costs, which include equipment and facilities costs, are estimated at $5,000 for 10 weeks. The facilities and equipment can accommodate up to 100 children per week, which is the maximum the department is willing to enroll in any given session. There will be 5 camp counselors each week for the 50 children, at a total cost of $2,000 per week for the 5 counselors. The department is comfortable with each counselor being responsible for 11 children. Any more than that and an additional counselor will need to be hired. The camp will serve lunch and snacks on each weekday, at a weekly cost of $15.

Question (a) Identify the fixed, step, and variable costs.

Question (b) What would be the cost of the program for 50 children?

Question (c) What would be the cost of the program for 75 children?

Reference no: EM132479647

Questions Cloud

What is the cost incurred by the campus : What is the cost incurred by the campus for 200 people over a 1-week period? What is the cost incurred by the campus for 150 people over a 1-week period?
State the independent and dependent variables : State the Independent and Dependent Variables. State the Null Hypothesis in words and symbols.
How business processes as services increase threat surface : Consider, in 500 words or more, how business processes as services can increase the threat surface. This discussion is about business process as a service.
Determine if the weights for this sample : Use a two-tailed test and the .05 of significance to determine if the weights for this sample are significantly higher than what would be expected
What would be the cost of the program : What would be the cost of the program for 50 children? What would be the cost of the program for 75 children? Identify the fixed, step, and variable costs.
State the independent and dependent variables : State the Independent and Dependent Variables. State the Null Hypothesis in words and symbols.
Define how would you argue against the inevitable tendency : A simulated disaster and comprehensive recovery test may involve many of an organization's key personnel for several days: is this a reasonable burden to place.
Compute the change in cash that occurred : Prepare separate schedules showing (1) cash paid for interest and for income taxes and (2) noncash investing and financing transactions.
Determine for adelphi company the cost of goods sold : Adelphi Company uses absorption costing. Use this information to determine for Adelphi Company the FY 2018 Cost of Goods Sold

Reviews

Write a Review

Accounting Basics Questions & Answers

  How should V have the amount allocated

The newspaper and its insurer are willing to allocate the $150,000 in any manner that V requests. How should V have the amount allocated

  Compute the predetermined overhead rate

Assuming that Hicks and Greene allocates overhead to jobs using direct labor cost as the cost driver, compute the predetermined overhead rate

  Discuss porter uses the straight-line method of depreciation

Porter Corporation signed a five-year non-cancelable lease for certain machinery

  Does bob have standing in order to sue the state for an law

Bob is a college student in State A and is getting ready to graduate. Does Bob have standing in order to sue the state for an unconstitutional law? Explain.

  Can gary recognize the loss he realized on the transfer

Following the transfers, the corporation had 3,000 shares of common stock outstanding. Can Gary recognize the loss he realized on the transfer

  Calculate the amounts to be reported on each employees wage

courtside concepts co. began business on january 2 2011. salaries were paid to employees on the last day of each month

  Explain the difference between fixed and mixed costs

In a memo to your client, Jim Davis, explain the difference between fixed, variable, and mixed costs. Also define, in your own words, contribution margin.

  Given the following how did the cvp change assuming cars

given the following how did the cvp change? assuming cars are always waiting to order 24 hours per day and the kitchen

  Discuss the common stock has a par value of per share

Foyle Corporation had the following transactions pertaining to its common stock

  Role of women in international management

Although the role of women in international management is increasing, women represent an underutilized role by U.S. companies. What is the role of women in international management? What are three things companies should do to increase the role of..

  Contracted as a budget consultant by lbj company

You have just been contracted as a budget consultant by LBJ Company, a distributor of bracelets to various retail outlets across the country. The company has done very little in the way of budgeting and at certain times of the year has experienced..

  Rankin the comptroller of lazy inc has been embezzling

rankin the comptroller of lazy inc. has been embezzling funds from his employer for many years to date he has taken

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