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3 years ago

Which of these types of reservations do hotels prefer?

Business

2 answers:

Vitek1552 [10]3 years ago

5 0

The answer is C) Advance deposits. I believe.

denpristay [2]3 years ago

4 0

Correct answer is C, Advance Deposits.

When people want to stay in a hotel, they usually reserve rooms for them, just to avoid the possible rush. So in this case reservations are made with the hotel. Hotel management prefers Advance payments for the reservation of the rooms. The reason is because if reservation is made confirmed or guaranteed, there is still no payment involved and the reservation can be canceled anytime by the person who made it. And in this case, hotel management cannot do anything. They can even miss other customers who they have to decline for reservation due to early reservation by someone else. So hotels prefer advance payments.

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A company has two products: standard and deluxe. The company expects to produce 36,375 standard units and 62,240 deluxe units. I

Scrat [10]

Answer:

A1 = $12 A2 = $9.20 A3 = $1.50
Total Overhead for Standart Product $267.16
Total Overhead for Deluxe Product $163.48

Explanation:

First we will Calculate the rates:

This is done by adding the two product activity use to get the total cost driver.

Then we divide by the activity cost to get the rate:

$\left[\begin{array}{cccc}activity&cost&driver&rate\\1&93,000&7,750&12\\2&92,000&10,000&9,2\\3&8,700&5,800&1,5\\\end{array}\right]$

Next we check the overhead per unit:

units/ activity use x rate = overhead for activity

Standart Product Manufacturing Overhead

36,375units /2,500 Use Activity 1 x $12 = $174.60

36,375units /4,500 Use Activity 2 x $9.20 = $74.37

36,375units /3,000 Use Activity 3 x $1.50= $18.19

Total Overhead for Standart Product $267.16

Deluxe Product Manufacturing Overhead

62,240units /5,250 Use Activity 1 x $12 = $83,14

62,240units /5,500 Use Activity 2 x $9.20 = $60,85

62,240units /2,800 Use Activity 3 x $1.50= $19,49

Total Overhead for Deluxe Product $163.48

7 0

3 years ago

On April 1, 2016, Maria Adams established Custom Realty. Maria completed the following transactions during the month of April:A.

kompoz [17]

Answer:

The solution and the calculation is shown on the first , second , third and fourth uploaded image

Explanation:

6 0

3 years ago

Golden has a receivable due in 30 days for 30,000 euros. The treasurer is concerned that the value of the euro relative to the d

attashe74 [19]

Answer:

The answer is c. Enter into a forward contract to sell 30,000 euros in 30 days

Explanation:

The risk Golden is facing is the exchange rate risk. Specially, as of the firm's concern, 30,00 euros they will receive in 30 days will not be worth as much as it is now because the Euro is expected to be depreciated against the firm's domestic currency.

So, they may enter into a forward contract allowing them to sell 30,000 euros in 30 days ( take short position in Euro) at pre-determined exchange rate. By doing so, they effectively eliminate the exchange rate risk by lock-in the exchange rate at the day they receive 30,000 euro.

8 0

3 years ago

A privately owned summer camp for youngsters has the following data for a 12-week session: Charge per camper $480 per week Fixed

riadik2000 [5.3K]

Answer:

a) (480-320)X - 192,000

where:

X is the camper amount which is an integer between;

0 < X <200

b) it will require 1,200 over the course of 12 weeks

c) operating gain of 115,200

d) marginal cost at 80% capacity: 320

average cost: 420 per camper per week

Explanation:

b) contribution per camper:

480 - 320 = 160 dollars

fixed cost 192,000

192,000 / 160 = 1,200 campers

c) at 80% capacity:

200 camper x 12 weeks x 80% x 160 contribution =

307.200‬ contribution

- 192,000 fixed cost

115,200 operating gain

d) the marginal cost per camper would be the 320 cost per week as the fixed cost are incurrent already thus, each new camper cost is only their variable cost.

the average cost per camper will be:

200 camper x 12 weeks x 80% = 1,920 campers

the average cost would be the sum of variable and fixed cost:

(1,920 x 320 + 192,000) / 1,920 = 420‬

we cna verify this:

(480 - 420) x 1,920 = 115.200‬

we get the same income as before thus, the calculation are correct.

3 0

3 years ago

Suppose that technological advancements stimulate $20 billion in additional investment spending. If the MPC = 0.6, how much will

grin007 [14]

Answer:

option (D) $50 billion.

Explanation:

Data provided in the question:

Additional investment spending = $20 billion

MPC = 0.6

Now,

Increase in aggregate demand = [1 ÷ (1 - mpc) ] × Investment

Increase in aggregate demand = [1 ÷ (1 - 0.4) ] × $20 billion

Increase in aggregate demand = (1 ÷ 0.4) × $20 billion

Increase in aggregate demand = 2.5 × $20 billion

Increase in aggregate demand = $50 billion

Hence.

the correct answer is option (D) $50 billion.

5 0

3 years ago