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Brums [2.3K]
3 years ago
7

Alyeski Tours operates day tours of coastal glaciers in Alaska on its tour boat the Blue Glacier. Management has identified two

cost drivers—the number of cruises and the number of passengers—that it uses in its budgeting and performance reports. The company publishes a schedule of day cruises that it may supplement with special sailings if there is sufficient demand. Up to 80 passengers can be accommodated on the tour boat. Data concerning the company’s cost formulas appear below: Fixed Cost per Month Cost per Cruise Cost per Passenger Vessel operating costs $ 5,200 $ 480.00 $ 2.00 Advertising $ 1,700 Administrative costs $ 4,300 $ 24.00 $ 1.00 Insurance $ 2,900 For example, vessel operating costs should be $5,200 per month plus $480 per cruise plus $2 per passenger. The company’s sales should average $25 per passenger. In July, the company provided 24 cruises for a total of 1,400 passengers. Prepare the company’s flexible budget for July.

Business
1 answer:
Ostrovityanka [42]3 years ago
7 0

Answer

The answer and procedures of the exercise are attached in the following image.

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

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The average do-it-yourself bedroom makeover costs $475 with a standard deviation of $86 (fictional data). tanya redoes her daugh
irinina [24]
Given with $475 as the previous cost of the do-it-yourself bedroom makeover, $602 as the cost when she redoes her daughter's room, and $86 as the standard deviation. The percent of bedroom makeovers cost less than Tanya spent, that is rounded to two decimal places is 93.06%.
6 0
3 years ago
Price and Output data over a five year period for an economy that produces only one good. Assume that year 2 is the base year. Y
olasank [31]

Answer:

$90

Explanation:

Nominal GDP is GDP calculated using current year prices.

Nominal GDP = current year prices x unit of output

18 x $5 = $90

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

7 0
3 years ago
Get-away Inc. is a vacation planning company. It provides various holiday packages, such as camping outdoors, adventure sports,
galben [10]

Get-away represents lifestyle segmentation.

<h3>What is lifestyle segmentation?</h3>
  • Customer lifestyle segmentation is the technique of breaking each customer's information into small sub-groups.
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  • These groups are formed in order to make conclusions regarding customer preferences, likes, and dislikes.
  • One method of market segmentation is lifestyle segmentation.
  • It is directly related to psychographic segmentation.
  • The AIO is the most extensively utilized instrument for lifestyle segmentation (Activities, interests, and opinions).
  • The idea is to target one or more lifestyle categories with your marketing mix.

Therefore, Get-away represents lifestyle segmentation.

Know more about lifestyle segmentation here:

brainly.com/question/13686011

#SPJ4

8 0
2 years ago
Which of the following are in accordance with IFRS? Cash basis accounting Both accrual basis and cash basis accounting Neither a
Anton [14]

Answer:

Accrual basis accounting

Explanation:

Under Accrual basis of accounting, income is recognized when it is earned and not when actual cash is paid or received.

Under cash basis of accounting, income is only recognized when actual cash is received.

Accrual basis of accounting ensures transactions pertaining to a period are recorded in that period and  it depicts more accurate financial picture unlike in cash accounting wherein income for a period might be overstated or understated.

Following cash basis of accounting is not in accord with both US GAAPs (generally accepted accounting principles) and IFRS.

7 0
3 years ago
What does SSQ stand for?
mixer [17]

Answer:

Special Skills Qualification (most likely)

Explanation:

There are many different things it could stand for, however since you did not specify the context of this, I am assuming it would be this as it is most common.

5 0
2 years ago
Read 2 more answers
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