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Alexxx [7]
3 years ago
12

The 100-room Fantastic Florida motor lodge accepts only cash for its guests. On Saturday evening the hotel had 90 of its rooms o

ccupied and total cash receipts for the evening totaled $9,000.00. What was the motor lodge's average daily rate (ADR) for that particular evening?
Business
1 answer:
Fudgin [204]3 years ago
4 0

Answer:

The ADR is $100

Explanation:

The average daily rate (ADR) for a hotel is calculated by taking the average revenue earned from rooms and dividing it by the number of rooms sold.

In the scenario presented above, the lodge has one hundred rooms, but sold only ninety rooms, making $9,000. Therefore, we calculate the ADR as follows:

=> $9,000/90

=> $100.

Therefore the average daily rate is $100, meaning that, on average $100 was made per room that was sold.

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The Converting Department of Tender Soft Tissue Company uses the average cost method and had 1,900 units in work in process that
bezimeni [28]

Answer:

a. The number of whole units to be accounted for and to be assigned costs for the period is 17,000 units

b. The number of equivalent units of production for the period is 16,160 units

Explanation:

a. The computation of the whole units assigned for the period is shown below:

= Units completed and transferred + ending units of work in progress

= 15,800 units + 1,200 units

= 17,000 units

b. The computation of the equivalent units are shown below:

= (Units completed and transferred × percentage of completion) + (ending units of work in progress × percentage of completion)

= 15,800 units × 100% + 1,200 units  × 30%

= 15,800 units + 360 units

= 16,160 units

5 0
3 years ago
For smaller income-producing properties, appraisers may use the ratio of a property's selling price to its effective gross incom
Wittaler [7]

Answer:

The correct answer is gross income multiplier.

Explanation:

Gross income multiplier is the figure used as a multiplier of the annual gross income of a property to produce an estimate of the value of the property. Number used to estimate the Value of a Property. Gross property income is multiplied by this figure.

7 0
3 years ago
You were recently hired by RLM Inc. It is your job to prepare reports and analyze financial information related to the company.
Alex73 [517]

Answer:

d. management

Explanation:

Based on the job tasks described within the question it seems that you were recently hired as a management accountant. This role focuses on (like mentioned in the question) preparing reports and analyzing as much financial information as possible in order to best inform yourself, so that you can help you make the best and most strategic decisions for the organization. Which seems to by why RLM Inc. has hired you.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
3 years ago
A local sports team sends out messages to cell phones of loyal fans informing them about a tailgate event before the next home g
Sedbober [7]

Answer:

A. limited details of offer

Explanation:

The offer is strong as it reaches only the persons that are fans and will be more interested in this event. The only particular reason for this offer to fail is that the message won't contain enough information about the event and this will lose the attention of the fans.

7 0
3 years ago
In operations management, _____ means using resources to create value by providing customers with goods and services that offer
Bess [88]
<span>Operational management manages activities that are involved in creating value by producing goods and services and distributing them to customers. 
</span>Effectiveness is a term used in operational management to describe using resources to create value by providing customers with goods and services that offer a better relationship between price and perceived benefits. 
6 0
3 years ago
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