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Sphinxa [80]
3 years ago
11

Activity-Based Costing for a Service Business Sterling Hotel uses activity-based costing to determine the cost of servicing cust

omers. There are three activity pools: guest check-in, room cleaning, and meal service. The activity rates associated with each activity pool are $8.20 per guest check-in, $23.00 per room cleaning, and $5.00 per served meal (not including food). Janelle Campbell visited the hotel for a 5-night stay. Janelle had 8 meals in the hotel during the visit. Determine the total activity-based cost for Campbell's visit during the month. Round your answer to the nearest cent. $
Business
1 answer:
Lorico [155]3 years ago
4 0

Answer:

$163.20

Explanation:

Calculation to Determine the total activity-based cost for Campbell's visit during the month

Guest check in $8.20

($1 guest*$8.20 per guest check-in)

Room cleaning $115.00

(5-night *$23.00 per room cleaning)

Served meals $40.00

(8 meals*$5.00 per served meal)

Total activity-based cost $163.20

Therefore the total activity-based cost for Campbell's visit during the month will be $163.20

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Comprehension and speed are the two most important traits in reading for business. please select the best answer from the choice
OLga [1]

Answer:

true

Explanation:

But accuracy would be a better option speed is good, so you are always on task and comprehension for big words.

3 0
3 years ago
A 1996 bill reforming the federal government's antipoverty programs limited many welfare recipients to only two years of benefit
stealth61 [152]

Answer:

more

less

more

Explanation:

The limit on unemployment benefits would increase the incentives to find a job because after the 2 years period is over, those without jobs would get no benefits from the government.

Income distribution becomes more unequal because those who don't find jobs after the 2 year period would have no income

The economy would become more efficient because there would be an increase in the number of people employed as a result of the policy and output would increase.

Hope This Helps :)

8 0
3 years ago
Pina Corporation entered into an operating lease agreement to lease equipment from Badger, Inc. on January 1, 2017. The lease ca
posledela

Answer:

= $80,273

Explanation:

Value of the right of use asset = Value of lease liability - cash incentive received + costs incurred for lease

                  = $82,773 -$ 6,000 + $3,000 + $500

                     =$80,273

4 0
3 years ago
A hedge fund with net asset value of $71 per share currently has a high water mark of $78. Suppose it is January 1, the standard
Leto [7]

Answer:

Answer :The annual incentive fees according to Black Scholes Formular =2.5

Explanation:

a)Find the value of call option using below parameter

current price (st)=$71

Strike price(X)=$78

Rf=4%

std=42%

time=1

value of call option=15.555

Annual incentive=16% x 15.555=2.5

The annual incentive fees according to Black Scholes Formular =2.5

(b) The value of annual incentive fee if the fund had no high water mark and it earned its incentive fee on its return in excess of the risk-free rate? (Treat the risk-free rate as a continuously compounded value to maintain consistency with the Black-Scholes formula.)

current price (st)=71

Strike price(X)=78

Rf=(e^4%)-1 = 4.08%

std=42%

time=1

value of call option=17.319

Annual incentive=16% x 17.319=2.77

7 0
4 years ago
Alejandro was reprimanded for an accounting error by his boss in front of his co-workers. Alejandro gets home from his job and y
aev [14]

Answer:

displacement

Explanation:

Displacement is a psychological defense mechanism where the person redirected the emotion in a negative way via from the real source to the lower threatening receipt

As in the given situation, the husband yells his wife and then wife yells her children so this represent that they use the defense mechanism i.e. displacement

4 0
3 years ago
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