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marishachu [46]
2 years ago
7

You run a hotel with 200 rooms. Fixed daily cost is $1500 which includes staff salary and property charges, maintenance cost is

additional $300 daily. Variable cost per room is $15 which includes cleaning, utility cost etc. You charge $100 per room per day. You sold 50 rooms today, how much revenue did you earn.
Business
2 answers:
erica [24]2 years ago
6 0

Answer:

The revenue is $2,450

Explanation:

The computation of the revenue is shown below:

= Sales - variable cost - additional costs - fixed cost

where,

Sales = Selling units × price per unit

         = 50 rooms × $100

         = $5,000

Variable cost = variable cost × price per unit

                      = 50 rooms × $15

                      = $750

The other cost value would remain the same

Now put these values to the above formula  

So, the value would equal to

= $5,000 - $750 - $300 - $1,500

= $2,450

Ghella [55]2 years ago
5 0

Answer:

The revenue we earned for 1 day by renting the rooms equals $2450.

Explanation:

Since we rent  50 rooms at the rate of $100 per room thus the overall revenue that we earn equals

R=50\times 100=$5000

Now the expenditures include:

1) Fixed daily cost = $1500

2) Maintenance cost = $300

3) Variable cost = $15 thus cost for 50 rooms equals = 15x50= $750

Thus the total expenditure on the hotel is the sum of all the above charges

thus E=1500+300+750=2250

Thus the net revenue is the difference in total revenue and the total expenditure

Thus Net Revenue =$5000-$2550=$2450

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Answer:

(a) Command

Explanation:

A command economy is also known as planned economy and it can be defined as a type of economy in which the government owns and control the means of production.

This ultimately implies that, in a command economy, the government owns the means of production.

Societies that operate a command economy generally practices communism.

Communism is a system of philosophical, political, social organization and economical ideologies that advocates the elimination of private property but a profit-based economy with public ownership of the means of production.

It ultimately aims to ensure each person contributes and receives according to their abilities and needs.

Vietnam, China and Cuba are examples of communist countries that operate a command economy.

In conclusion, a command economy requires that the method of exchange, distribution, as well as the means of production of goods and services and allocation of resources for production should be controlled or regulated by the public (government) rather than the private sector.

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Disconnect the battery is your answer .-.

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Jayhawk had previously purchased merchandise for $40,000 The company returned $4,000 of the merchandise previously purchased bec
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Answer:

the options are missing, but I wrote down the two possible answers

the journal entry to record the purchase assuming perpetual inventory method:

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<h2>OR</h2>

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