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SCORPION-xisa [38]
3 years ago
13

High Sky Inn is a bed and breakfast establishment in a converted 100-year-old mansion. The Inn's guests appreciate its gourmet b

reakfasts and individually decorated rooms. The Inn's overhead budget for the most recent month appears below:
Activity level 90 guests

Variable overhead costs:
Supplies $234
Laundry 315

Fixed overhead costs:
Utilities 220
Salaries and wages 4,290
Depreciation 2,680
Total overhead cost $7,739

The Inn's variable overhead costs are driven by the number of guests. What would be the total budgeted overhead cost for a month if the activity level is 99 guests?

a. $61,541.00
b. $7,793.90
c. $8,512.90
d. $7,739.00
Business
1 answer:
Andre45 [30]3 years ago
3 0

Answer:

Correct option is b. $7,793.90

Explanation:

Calculation for What would be the total budgeted overhead cost for a month if the activity level is 99 guests

TOTAL BUDGETED OVERHEAD COST

Variable overhead costs:

Supplies $ 257.40

[ ($234 ÷ 90 guests)*99 guests].

Laundry $346.50

[($315 ÷ 90 guests)*99 guests]

Total variable overhead cost 603.90

($ 257.40+$346.50)

Fixed overhead costs:

Utilities 220.00

Salaries and wages 4,290.00

Depreciation 2,680.00

Total fixed overhead cost 7,190.00

(220.00+4,290.00+2,680.00)

Total budgeted overhead cost$7,793.90

($7,190.00+$603.90)

Therefore What would be the total budgeted overhead cost for a month if the activity level is 99 guests will be $7,793.90

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if gdp is $15 trillion, consumption is $9 trillion, government spending is $2 trillion, investment is $3 trillion, and exports a
Sveta_85 [38]

The imports of this country are around $2 trillion.

The GDP of a nation refers to the value of all the final goods and services produced in the country in that year. It is calculated by the formula:

<em>GDP = Consumption + Government Spending + Investment + Exports - Imports</em>

15 = 9 + 2 + 3 + 3 - Imports

15 = 17 - Imports

Imports + 15 = 17

Imports = 17 - 15

Imports = $2 Trillion

In conclusion, the imports are $2 Trillion

<em>Find out more at brainly.com/question/7555206.</em>

8 0
2 years ago
Pharoah Corporation had the following activities in 2020. 1. Payment of accounts payable $843,000 4. Collection of note receivab
DIA [1.3K]

Answer:

The amount Pharoah should report as net cash provided (used) by financing activities in its 2020 statement of cash flows is $344,000.

Explanation:

Pharoah Corporation

Statement of cash flows (extract)

Proceeds from common stock                $256,000

Proceed from bond payable                    $466,000

Dividend paid                                           ($333,000)

Purchase of treasury stock                        ($45,000)

Net cash flows from financing activities    $344,000

Note that the payment of accounts payable and collection of notes receivable only affect the operating activities section of the cash flows.

7 0
2 years ago
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Mars2501 [29]

Answer:

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Product Y45E CMR = ($34,800 - $13,920) / $34,800 = $20,880 / $34,800 = 0.6 = 60%

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On december 31, planet company acquired 80% of the voting common stock of star company by issuing 100,000 shares of its own comm
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Answer:

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The Building with fair value of $150,000 was the only balance sheet item existing thus this is ultimately the Net Identifiable Assets that would be eliminated.

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Answer:

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According to the GLOBE project and Hofstede's cultural dimensions, Mexico falls under category of high power distance, whose culture is more based on collectivism. Leaders in these cultures who are successful are the ones who make decisions collectively, therefore any individual approach by these managers in an organization towards decision-making would be viewed negatively.

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