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katen-ka-za [31]
3 years ago
7

Sterling Hotel uses activity-based costing to determine the cost of servicing customers. There are three activity pools: guest c

heck-in, room cleaning, and meal service. The activity rates associated with each activity pool are $8.70 per guest check-in, $18.00 per room cleaning, and $3.00 per served meal (not including food). Julie Campbell visited the hotel for a 5-night stay. Julie had 6 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:
Mademuasel [1]3 years ago
5 0

Answer:

Allocated costs= $116.7

Explanation:

Giving the following formula:

The activity rates associated with each activity pool are $8.70 per guest check-in, $18.00 per room cleaning, and $3.00 per served meal (not including food).

Julie Campbell visited the hotel for a 5-night stay. Julie had 6 meals in the hotel during the visit.

<u>To allocated costs, we need to use the following formula:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated costs= 8.7 + 18*5 + 3*6

Allocated costs= $116.7

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1 year ago
Let R^2 unrestricted and R^2 restricted be 0.4366 and 0.4149 respectively. The difference between the unrestricted and the restr
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Answer:

Option (B) is correct.

Explanation:

Given that,

R^{2}[tex/] unrestricted = 0.4366[tex]R^{2}[tex/] restricted = 0.4149Regressors in the unrestricted model = 3No. of observations, n = 420No. of independent variables, k = 3Degree of freedom i.e no. of restrictions, q = 2F-Statistic:[tex]=\frac{(\frac{R^{2} _{UR}-R^{2} _{R}}{q})}{\frac{1-R^{2} _{UR}}{(n-k-1)}}

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Answer:

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