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faltersainse [42]
3 years ago
12

The lakeshore hotel's guest-days of occupancy and custodial supplies expense over the last seven months were: month guest-day of

occupancy custodial supplies expense march 4,000 $ 7,500 april 6,500 $ 8,250 may 8,000 $ 10,500 june 10,500 $ 12,000 july 12,000 $ 13,500 august 9,000 $ 10,750 september 7,500 $ 9,750 guest-days is a measure of the overall activity at the hotel. for example, a guest who stays at the hotel for three days is counted as three guest-days.
Business
1 answer:
Law Incorporation [45]3 years ago
3 0

Answer:

cost formula: Total cost = F + (V x Q) = $4,500 + ($0.75 x Q)

  • F = fixed costs = $4,500
  • V = variable costs = $0.75 per guest day
  • Q = number of guest days

Explanation:

month                      occupancy              supplies expenses

march                           4,000                         $7,500

april                              6,500                         $8,250

may                              8,000                        $10,500

june                             10,500                       $12,000

july                               12,000                       $13,500

august                           9,000                       $10,750

september                    7,500                         $9,750

high activity level        12,000                       $13,500

low activity level           4,000                        $7,500

variation                        8,000                        $6,000

variable cost per guest-day = $6,000 / 8,000 = $0.75

fixed costs per month = $13,500 - (12,000 x $0.75) = $4,500

cost formula: Total cost = F + (V x Q)

F = fixed costs = $4,500

V = variable costs = $0.75 per guest day

Q = number of guest days

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Answer:

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Explanation:

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And, he promotes his family brand together.

Here, brand means to promote the company goods having a trademark so that the customers attract towards company goods and services by giving them great deals. It is an advertising strategy through which the company can capture its maximum market share.

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Which of the following statements is true with regard to the departmental overhead rate method? a. It is logical to use this met
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Answer:

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In marketing and consumer research, the conative component of the tricomponent attitude model is frequently treated as an expres
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Answer:

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7 0
3 years ago
Read 2 more answers
Marquis Company uses a weighted-average perpetual inventory system and has the following purchases and sales:August 210 units we
a_sh-v [17]

Answer:

cost of ending inventory = $158.40

so correct option is A. $158.40

Explanation:

given data

August 2 =   10 units were purchased at $12 per unit

August 18 = 15 units were purchased at $14 per unit

August 29 = 12 units were sold

to find out

amount of the cost of goods sold

solution

we get here total purchase that is express as

total purchase = 10 × 12 + 15 × 14

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total units purchase is = 10 +15 = 25

so weighted average cost will be

weighted average cost = \frac{330}{25}

weighted average cost = $13.2

cost of ending inventory = $13.2 × 12 units sold

cost of ending inventory = $158.40

so correct option is A. $158.40

4 0
3 years ago
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