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Question - If the budget for your hotel had 100 rooms, open 300 days a year, with 50% occupancy and an ADR of $80, fixed costs of $750,000 and with a marginal cost per room of $17.50 then
a) What would be your budgeted sales revenue.
b) If your actual sales revenue was $1,5000,000 what would be the variance in %
c) If your ADR as actually $85 would the variance be positive or negative
d) If your actual marginal cost was $17.25 would the variance be positive or negative?
e) If you actually sold 155,000 rooms would the variance be positive or negative?
the standard cost of product b manufactured by tlc company includes 3 unit s of direct materials at 6.75 per unit
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on 1 july 2009 chifley ltd acquired 2 assets within the same class of plant amp equipment. information on these assets
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How do Calculate the net present value of the proposed investment in the new sewing machine. Calculate the present value ratio of the investment.
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An employee earns $40 per hour and 1.5 times that rate for all hours in excess of 40 hours per week. Determine the gross pay for the week
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