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borishaifa [10]
3 years ago
6

Mongelli Family Inn is a bed and breakfast establishment in a converted 100-year-old mansion. The Inn's guests appreciate its go

urmet breakfasts and individually decorated rooms. The Inn's overhead budget for the most recent month appears below: What would be the total budgeted overhead cost for a month if the activity level is 99 guests
Business
1 answer:
White raven [17]3 years ago
8 0

Answer:

total overhead costs = $7,793.90

Explanation:

the overall budget is missing, so I looked for a similar question:

  • Activity level 90 guests
  • Variable overhead costs:  
  • Supplies $234
  • Laundry 315
  • Fixed overhead costs:  
  • Utilities 220
  • Salaries and wages 4,290
  • Depreciation 2,680
  • Total overhead cost $7,739

the total budgeted overhead costs must include the variable overhead costs plus the fixed overhead costs:

variable overhead costs = [($234 + $315)/90] x 99 = $603.90

fixed overhead costs = $220 + $4,290 + $2,680 = $7,190

total overhead costs = $7,793.90

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Based on their observations of what actually occurs in the organization, employees demonstrate the enacted values and norms.

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MNO preferred stock pays a dividend of $2 per year and has a price of $20. If MNO's tax rate is 21 percent, the required rate of
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The required rate of return on its preferred stock is found by using PW = D/R.

<u>Given Information</u>

Dividend per year = $2

Stock price = $20

Tax rate = 21%

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  • The formula for use to derive the Required rate of return includes PV = D/R, where PW means Present worth, D = Dividend per year and R means Required rate of return.

PV = D/R

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Shahia Company bought a building for $89,000 cash and the land on which it was located for $107,000 cash. The company paid trans
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