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uranmaximum [27]
3 years ago
11

Ben and Leah are planning their 30-year wedding anniversary and are considering taking a 4-day trip to Alaska. How much will the

ir vacation cost if they have been able to come up with the following estimates?Flights are $400 per person, food will cost about $8 per meal per person (4 days of meals), a rental car will cost $45 per day, hotel costs are $190 per night (they stay 4 nights), airport parking is $25 per day, and an extra $90 for gas and another $500 for tours and souvenirs is expected.A) $1,258 B) $1,991 C) $2,451 D) $2,622
Business
2 answers:
Ne4ueva [31]3 years ago
7 0

Answer:

Option D. 2,622

Explanation:

We have the following costs:

Flights = $400 per person

Food = $8 per meal per person

Car rental = $45 per day

Hotel costs = $190 per night

Airport parking = $25 per day

Gas = $90

Tours and souvenirs = $500

We calculate as follows:

Daily costs = (($8/meal x 3 meals/day x 2 people) + $45 + $190 + $25) = $308 daily costs

Total costs = ($400 x 2) + 90 + 500 + (308 x 4 days)

Total costs = 800 + 90 + 500 + 1,232 = $2,622.

EastWind [94]3 years ago
4 0

Answer:

D) $2,622

Explanation:

Daily costs

= ($8/meal x 3 meals/day x 2 people) + $45 + $190 + $25) = $308 daily costs

Total costs

= ($400 x 2) + 90 + 500 + (308 x 4 days)

Hence:

Total costs = 800 + 90 + 500 + 1,232

= $2,622

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Sales promotion mix element stimulates purchase directly through an incentive to buy, such as a coupon or rebate.

<h3>How does sales promotion work?</h3>
  • Sales promotion is one of the components of the promotional mix.
  • Sales promotion is a marketing strategy where a company would utilize brief-term campaigns to generate interest and demand for a product, service, or other offerings.
  • Advertising, personal selling, direct marketing, and publicity/public relations make up the bulk of the promotional mix.
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After graduating from college, you are hired by the Ford automobile company as an economic analyst. For your first project, you
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Answer:

Explanation:Part 1). Answer :- Sales of Ford Mustangs will decrease by 15 % (1.5 * 10 %).

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Part 2). Answer :- Quantity of Ford Mustangs will decrease by 16 % (0.80 * 20 %).

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Part 3). Answer :- Quantity of Ford Mustangs will increase by 15 % (3 * 5 %).

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4 years ago
The following were selected from among the transactions completed during the current year by Danix Co., an appliance wholesale c
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The journal entries for the transactions by Danix co during the year, using a 360-day year are as follows:

Jan. 21 Debit Accounts Receivable (Black Tie Co.) $29,400

Credit Sales Revenue $29,400

Debit Cost of Goods Sold $17,640

Credit Inventory $17,640

Mar. 18 Debit Note Receivable (Black Tie Co.) $29,400

Credit Accounts Receivable (Black Tie Co.) $29,400

60-day, 6% note

May 17 Debit Cash $29,694

Credit Note Receivable (Black Tie Co.) $29,400

Credit Interest Revenue $294

June 15 Debit Accounts Receivable (Pioneer Co.) $15,700

Credit Sales Revenue $15,700

Debit Cost of Goods Sold $9,420

Credit Inventory $9,420

June 21 Debit 8% Note Receivable (JR Stutts) $6,000

Credit Cash $6,000

a 30-day, 8% note.

June 25 Debit Cash $15,700

Credit Accounts Receivable (Pioneer Co.) $15,700

July 21 Debit Cash $40

Credit Interest Revenue $40 ($6,000 x 8% x 30/360)

9% Note Receivable (JR Stutts) $6,000

Credit 8% Note Receivable (JR Stutts) $6,000

To record the exchange with a 60-day, 9% note.

Sept. 19 Debit Cash $6,090

Credit 9% Note Receivable (JR Stutts) $6,000

Credit Interest Revenue $90

($6,000 x 9% x 60/360)

Sept. 22 Debit Accounts Receivable (Wycoff Co.) $60,000

Credit Sales Revenue $60,000

Debit Cost of Goods Sold $36,000

Credit Inventory $36,000

Oct. 14 Debit 6% Note Receivable (Wycoff Co.) $60,000

Credit Accounts Receivable (Wycoff Co.) $60,000

Accepted a 60-day, 6%

Dec. 13 Debit Accounts Receivable (Wycoff Co.) $60,600

Credit Interest Receivable $600

Credit 6% Note Receivable (Wycoff Co.) $60,000

Dec. 28 Debit Cash $60,903

Credit Interest Receivable $600

Credit Accounts Receivable (Wycoff Co.) $60,600

Credit Interest Revenue $303

($60,600 x 12% x 15/360) interest for 15 days at 12% computed on the maturity value of the note.

Data Analysis:

Jan. 21 Accounts Receivable (Black Tie Co.) $29,400 Sales Revenue $29,400

Cost of Goods Sold $17,640 Inventory $17,640

Mar. 18 Note Receivable (Black Tie Co.) $29,400 Accounts Receivable (Black Tie Co.) $29,400 60-day, 6% note

May 17 Cash $29,694 Note Receivable (Black Tie Co.) $29,400 Interest Revenue $294

June 15 Accounts Receivable (Pioneer Co.) $15,700 Sales Revenue $15,700 Cost of Goods Sold $9,420 Inventory $9,420

June 21 8% Note Receivable (JR Stutts) $6,000 Cash $6,000 a 30-day, 8% note.

June 25 Cash $15,700 Accounts Receivable (Pioneer Co.) $15,700

July 21 Cash $40 Interest Revenue $40 ($6,000 x 8% x 30/360)

9% Note Receivable (JR Stutts) $6,000 8% Note Receivable (JR Stutts) $6,000

60-day, 9% note

Sept. 19 Cash $6,090 9% Note Receivable (JR Stutts) $6,000 Interest Revenue $90 ($6,000 x 9% x 60/360)

Sept. 22 Accounts Receivable (Wycoff Co.) $60,000 Sales Revenue $60,000

Cost of Goods Sold $36,000 Inventory $36,000

Oct. 14 6% Note Receivable (Wycoff Co.) $60,000 Accounts Receivable (Wycoff Co.) $60,000

Accepted a 60-day, 6%

Dec. 13 Accounts Receivable (Wycoff Co.) $60,600 Interest Receivable $600 6% Note Receivable (Wycoff Co.) $60,000

Dec. 28 Cash $60,903 Interest Receivable $600 Accounts Receivable (Wycoff Co.) $60,600Interest Revenue $303 ($60,600 x 12% x 15/360) interest for 15 days at 12% computed on the maturity value of the note.

Learn more about recording business transactions here: brainly.com/question/25242891

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