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ABC hotel's linen cost per room is $3.1. ABC Hotel has 250 rooms. How much is the total linen cost for ABC hotel in January 2019?.
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- Pick n Pay retail shop shipped 22 000 litres of orange juice at N$50 000 and paid N$42 000 to ship 18 000 litres in October 2021. If Pick n Pay ships 20 000 litres in November 2021, its expected shipping expense would beGear Up Co. pays 65% of its purchases in the month of purchase, 30% in the month after the purchase, and 5% in the second month following the purchase. What are the cash payments if it made the following purchases in 2018?Hewitt Enterprises is a business that buys and sells printers at a profit and has the following information available for the month of June 2020: There were 100 printers in the warehouse on 1Jun On 10Jun, 50 printers were bought from Printing Traders at R50 per printer. Another purchase of 50 printers were made from the same company for the same price on 20Jun 80 printers were sold during the month. The selling price for one printer is R90. Calculate the gross profit of Hewitt Enterprise for the month of June 2020
- The ThirstBuster Company is famous for its energy drinks. The company expects to produce 2,153,000 bottles of energy drink in 2019. ThirstBuster purchases empty bottles from Bottle Bro Inc. In 2018, ThirstBuster had 24,100 empty bottles in ending inventory. For 2019, ThirstBuster has planned to have 75,700 empty bottles in ending inventory. Calculate the number of empty bottles that ThirstBuster should purchase from Bottle Bro Inc. in 2019?An investor buys 550 NFR common at $10 in January Year 1 and 210 NFR common at $15 in June of Year 2. What is the investor’s cost base for NFR? Show your workA hotel having 100 rooms of which 80% are normally occupied in summer and 25% in winter. Period of summer and winter be taken as 6 months each and normal days in a month be assumed to be 30. The total occupied room days will be a. 1525 Room days b. 18900 Room days c. 36000 Room days d. 72000 Room days
- Phoenix Management helps rental property owners find renters and charges the owners one-half of the first month’s rent for this service. For August 2019, Phoenix expects to find renters for 100 apartments with an average first month’s rent of $820. Budgeted cost data per tenant application for 2019 follow: Professional labor: 1.5 hours at $20.00 per hour Credit checks: $56.00 Phoenix expects other costs, including the lease payment for the building, secretarial help, and utilities, to be $3,600 per month. On average, Phoenix is successful in placing one tenant for every three applicants. Actual rental applications in August 2019 were 240. Phoenix paid $9,000 for 350 hours of professional labor. Credit checks went up to $60 per application. Other costs in August 2019 (lease, secretarial help, and utilities) were $3,700. The average first monthly rentals for August 2019 were $980 per apartment unit for 80 units. Required: 1. (a) What is the total operating income variance…The following were the data obtained by the manager for the first 3 quarters for 2020: Maintenance Machine Quarter Costs Hours 1st quarter 1,520,000 50,000 2nd quarter 1,718,300 62,000 3rd quarter 1,526,000 46,000 How much is the expected maintenance costs for November 2020, if the expected machine hours is 33,000?[The following information applies to the questions displayed below.] Phoenix Management helps rental property owners find renters and charges the owners one-half of the first month's rent for this service. For August 2022, Phoenix expects to find renters for 100 apartments with an average first month's rent of $700. Budgeted cost data per tenant application for 2022 follow: Professional labor: 1.5 hours at $20.00 per hour Credit checks: $50.00 Phoenix expects other costs, including the lease payment for the building, secretarial help, and utilities, to be $3,000 per month. On average, Phoenix is successful in placing one tenant for every three applicants. Actual rental applications in August 2022 were 270. Phoenix paid $9,500 for 400 hours of professional labor. Credit checks went up to $55 per application. Other costs in August 2022 (lease, secretarial help, and utilities) were $3,600. The average first monthly rentals for August 2022 were $800 per apartment unit for 90 units.…
- City Suites has 32 office suites each rented for $500/month with a 15% vacancy rate. The owner has the following expenses; heat $10,700, electric $7,300, water $3,700, marketing, advertising and salaries of $92,000, insurance $5,300, mortgage interest of $27,560, property taxes 13398, and maintenance 9227. What is the property's net operating income? round answer to the nearest dollar.Background It is the 1st April 2021. Jang is the Management Accountant for the business Chinese Lantern Imports. Based on the previous month sales (March 2021) Jang sets the following targets for April 2021. April 2021 targets Targeted Lantern sales = 2,300 units Targeted Lantern unit price = $230 (per lantern) Jang calculates the cost of the Lanterns he will need to purchase in during the month as 50% of the expected sales revenue. However, at the 1st April 2021, Jang already currently has $12,400 of Lanterns stock already in his shop. Jang does not intend to buy an extra Lanterns for May 2021. Question Referring to above information, what is the cost of the Lanterns that Jang needs to purchase in, for the month of April? Select one: a. Cost of Lanterns to purchase in = $237,900 O b. Cost of Lanterns to purchase in = $0 O c. Cost of Lanterns to purchase in = $252,100 O d. Cost of Lanterns to purchase in = $264,500Phoenix Management helps rental property owners find renters and charges the owners one-half of the first month's rent for this service. For August 2022, Phoenix expects to find renters for 100 apartments with an average first month's rent of $1,020. Budgeted cost data per tenant application for 2022 follow: ⚫ Professional labor: 1.5 hours at $20.00 per hour ⚫ Credit checks: $66.00 Phoenix expects other costs, including the lease payment for the building, secretarial help, and utilities, to be $4,600 per month. On average, Phoenix is successful in placing one tenant for every three applicants. Actual rental applications in August 2022 were 270. Phoenix paid $8,400 for 380 hours of professional labor. Credit checks went up to $71 per application. Other costs in August 2022 (lease, secretarial help, and utilities) were $5,200. The average first monthly rentals for August 2022 were $1,120 per apartment unit for 90 units. Required: 1. (a) What is the master budget variance for August 2022?…