1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
amid [387]
3 years ago
7

Objectives of AllocationSamantha and Rashida are planning a trip to Padre Island, Texas, during spring break. Members of the var

sity volleyball team, they are looking forward to four days of beach volleyball and parasailing. They will drive Samantha's car and estimate that they will pay the following costs during the trip:Motel (4 nights at $145) $ 580Food (each) 150Gas in total 120Parasailing and equipment rental (each) 125They have reservations at the SeaScape Motel, which charges $115 per night for a single, $145 per night for a double, and an additional $10 per night if a rollaway $580 155 132 added to a double room. but thinks that four days of partying and relaxing on the beach would be a great way to unwind from the Samantha's little sister, Kallie, wants to go along. S rigors of school. She figures he isn't into sports that she could ride with Samantha and Rashida and share their room Required: 1. Using incremental costs only, what would it cost Kallie to accompany Samantha and Rashida? 2. Using the benefits-received method, what would it cost Kallie to go on the trip? If required, round your intermediate calculations and final answer to the nearest cent.
Business
1 answer:
enot [183]3 years ago
3 0

Answer:

Increase in Motel cost = $10 per night for additional bed * 4 day = $10 * 4 = $40

Additional food cost = $150

Therefore, total cost of including Kallie for the trip is $40 + $150 = $190

1. Incremental Analysis

                                        Without K     With K    Incremental cost

Motel cost                         $580           $620            $40

Food                                  $300           $450            $150

Gas in total                        <u>$120</u>            <u>$120 </u>            <u>   -    </u>

Total Incremental cost     <u>$1,000</u>        <u>$1,190</u>          <u>$190</u>

It would cost $190 for Kallie to accompany along

2. Cost to Kallie using benefits received method

Particulars                            Amount

Motel ($580 + 40)/3             $206.67

Food                                      $150

Gas ($120/3)                          <u>$40        </u>

Total                                       <u>$396.67</u>

Thus, cost to Kallie using benefits received method would be $396.67.

You might be interested in
The inflation rate over the past year was 3.8 percent. If an investment had a real return of 6.9 percent, what was the nominal r
Natalka [10]

Answer:

Nominal rate of return= 10.96%

Explanation:

Inflation is the increase in the price level.It erodes the value of money.rise in the price of money

<em>Nominal interest is that quoted for investment or loan transactions. It has not been been adjusted for inflation.  </em>

<em>Real interest rate is the amount of interest in terms of the the quantity of good and services that can be purchased. It is the nominal interest rate adjusted for inflation. </em>

The relationship between inflation, real interest and nominal interest rate is given using the Fishers Effect;

N = ( (1+R) × (1+F)) - 1

N- nominal rate, R-real rate, F- inflation

Nominal rate of return =(1.038)× (1.069) - 1 = 0.109622

Nominal rate of return =  0.109622 × 100 = 10.96%

Nominal rate of return= 10.96%

6 0
4 years ago
1.4 The process of allocating a business function to a
ElenaW [278]
Outsourcing because a third party is someone who is not one of the main people involved in a business.
5 0
3 years ago
When the engineers from fm global (factory mutual) conduct inspections at industrial facilities, whose interests are they hired
WINSTONCH [101]

When the engineers from FM Global (factory mutual) conduct inspections at industrial facilities, the interest they hired is to protect the companies that insure the properties.

FM Global is one of the global's biggest commercial and business assets coverage and chance management agencies, focusing on assets safety. we've currently ranked #447 on the Fortune 500 list of America's largest companies.

Malcolm C. Roberts is responsible for the strategic and operational direction of FM Global, one of the world's largest industrial property insurers and which insures nearly US$10.2 trillion in business belongings in greater than a hundred thirty international locations.

"FM international" is the communicative name of the organization, while the felony call is "manufacturing facility Mutual coverage organization". FM international has been named the "first-rate property Insurer inside the international” by means of Euromoney mag.

Learn more about FM Global here brainly.com/question/8304017

#SPJ4

4 0
2 years ago
Making a down payment reduces the
levacccp [35]
<span>d. loan principle amount

The loan principle amount is the amount of money borrowed for the loan. Making the down payment 1) proves the creditworthiness and capability of the buyer and 2) the overall amount of money to payback.</span>
5 0
4 years ago
What is market power?
Sedbober [7]
I would say the correct answer is B. t<span>he ability of a company to change prices and output like a monopolist. Market power is basically the power of a particular company to manipulate the price of the product and thus affect all other participants, as well as customers. Monopolists have the greatest market power; conversely, in an ideally balanced economy, nobody would have market power. All participants would have equal chances and nobody would dictate the terms to others.</span>
8 0
3 years ago
Other questions:
  • Jake owns Delta Dew, a small local California marijuana producer and dispensary. Jake complies with all applicable state laws an
    11·1 answer
  • Before the approving signature is made on a check the signer should verify that the?
    8·1 answer
  • Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand
    6·1 answer
  • The opportunity cost of a decision is measured in terms of
    11·1 answer
  • A parent holding company sells shares in its subsidiary such that the parent now owns only 65% of the subsidiary and, thus, the
    10·1 answer
  • Mustang Corporation has accumulated the following accounting data for the month of April: Finished goods inventory, April 1$32,4
    5·1 answer
  • The equilibrium quantity in markets characterized by oligopoly is higher than in monopoly markets and higher than in perfectly c
    8·1 answer
  • You purchase a property with a Market Value of $520,000 in 2005 using 5-year Interest Only 90% Loan-to-Value financing. In 2010,
    13·1 answer
  • An institutional client wishes to open an account at a brokerage firm, but wants the positions in the account held at a bank and
    13·1 answer
  • Assume Fred faces a potential liability exposure. The standard deviation of the probability distribution for the loss equals $12
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!