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Minchanka [31]
2 years ago
5

The Sheridan Acres Inn is trying to determine its break-even point during its off-peak season. The inn has 50 rooms that it rent

s at $36 a night. Operating costs are as follows:
Salaries $4,000 per month
Utilities $1,500 per month
Depreciation $1,300 per month
Maintenance $832 per month
Maid service $6 per room
Other costs $12 per room

Required:
a. Determine the inn's break-even point in number of rented rooms per month.
b. Determine the inn's break-even point in dollars.
Business
1 answer:
padilas [110]2 years ago
8 0

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the unitary variable cost and the fixed costs:</u>

Unitary variable cost= 6 + 12= $18

Total fixed costs= 4,000 + 1,500 + 1,300 + 832

Total fixed costs= $7,632

<u>Now, to calculate the break-even point both in units and dollars, we need to use the following formulas:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 7,632 / (36 - 18)

Break-even point in units= 424 per month

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 7,632 / (18/36)

Break-even point (dollars)= $15,264

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algol13

Answer:

$22,789

Explanation:

One of the uses of the Bank Reconciliation Statement is to check the accuracy of the Cash Balance.

The Balance on the Bank Statement and that of the Cash Book in the Ledgers should always agree.

Bank Reconciliation Statement as a July 31

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Add Lodgments not yet credited                       $1,745

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Balance as per Cash Book                               $22,789

Therefore,

The balance of cash using a bank reconciliation is $22,789

5 0
3 years ago
Assume that the Texas legislature is not in session and the economy has gone into recession. What must occur before legislators
Vadim26 [7]

Complete question:

Assume that the Texas legislature is not in session and the economy has gone into recession. What must occur before legislators can act to reformulate policy

A. The legislature as a body must wait for the comptroller to decertify the budget.

B. The legislature must wait for a special session to be called.

C. The legislature must wait for economic conditions to deteriorate to a point where a constitutional provision allowing deficit spending kicks in.

D. The legislature must wait until the federal government increases monies for state governments.

Answer:

The legislature must wait for a special session to be called.

Explanation:

Once the Texas legislature passes a budget and the governor has acted, after 6 months does the budget go into effect.

The Texas legislature passed a law that requires that an agency take a specific action in order to solve a problem. At formulation stage of the policy making process did the passage of this law occur

A special session (also a exceptional session) in a parliamentary term is a time when the assembly meets outside the usual legislative session. Anyone holding a special meeting would be subject to different requirements, such as by a legislative vote in a normal session, the president, or the presiding officer of the legislature.

6 0
3 years ago
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Answer:

  $52,860

Explanation:

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RSK-89013 600 × $38 = $22,800 600 × $47 = $28,800   $22,800

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7 0
3 years ago
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anzhelika [568]

Answer:

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The qualification certification and credentialing personnel are all part of the comprehensive resource management of NIMS

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However, the qualification certification and credentialing personnel are all part of the comprehensive resource management of NIMS.

Read more about NIMS

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3 0
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