CVP and Margin of Safety Bristol Car Service offers airport service in a mid-size city. Bristol charges $50 per trip to or from the airport. The variable cost for a trip totals S12, for fuel, driver, and so on. The monthly fixed cost for Bristol Rainbow Tours is S2,736. Required 1-How many trips must Bristol sell every month to break even?  2-Bristol's owner believes that 90 trips is a reasonable forecast of the average monthly demand.What is the margin of safety in terms of the number of airport trips!

Analyze Cityscape Hotels Cityscape Hotels has 200 rooms available in a major metropolitan city. The hotel is able to attract business customers during the weekdays and leisure customers during the weekend. However, the leisure customers on weekends occupy fewer rooms than do business customers on weekdays. Thus, Cityscape plans to provide special weekend pricing to attract additional leisure customers. A hotel room is priced at $180 per room night. The cost of a hotel room night includes the following: Line Item Description Cost Per Room Night(at normal occupancy) Housekeeping service $23 Utilities 7 Amenities 3 Hotel depreciation 55 Hotel staff (excluding housekeeping) 42 Total $130 The special weekend price is proposed for $120 per room night. At this price, it is anticipated that average occupancy for the weekend (Friday, Saturday, and Sunday) will increase from 30% to 50% of available rooms. Question Content Area a. What is the contribution margin for a…

Use the following information to complete Short Exercises S20-16 and S20-17. Wild Waters Swim Park sells individual and family tickets. With a ticket, each person receives a meal, three beverages, and unlimited use of the swimming pools. Wild Water's has the following ticket prices and variable costs for 2018: Wild Waters expects to sell one individual ticket for every four family tickets. Wild Waters’s total fixed costs are $27,500. Calculating breakeven point for two products For 2019, Wild Waters expects a sales mix of four individual tickets for every one family ticket. Requirements Compute the new weighted-average contribution margin per ticket. Calculate the total number of tickets Wild Waters must sell to break even. Calculate the number of individual tickets and the number of family tickets the company must sell to break even.

Elyssa’s Elegant Eveningwear (EEE) needs to ship fi nishedgoods from its manufacturing facility to its distributionwarehouse. Annual demand for EEE is 2400 gowns. EEE canship the gowns via regular parcel service (3 days transit time),premium parcel service (1 day transit time), or via public carrier(7 days transit time). Calculate the average annual transportationinventory for each alternative.

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A competitor of Bradley's Furniture is selling the same 5-piece living room set. The competitor offers customers the following payment option: $500 down payment, then $20 per month for 24 months. What is the total cost of the set? F G $544 $580 $980 H J $2,420

Q1. The monthly fixed costs of operating a 20 room motel are $28,000. The price per room per night  ( or per unit) is set at $110. The variable cost per day, per room ( or per unit) is $12 for maid service, $6 for toiletry supplies and laundry, and $6 for heat and utilities. a. Find the break-even quantity ( or Q) for a month for the motel.(Hint: Round off the Q)                                                                                         b.The owner is planning to reduce his price to $ 100 per room per night; what is his profit for the month assuming all rooms are occupied? ( Hint: One month has 30 days)

Golden Gate Novelties (GGN) sells souvenir key chains at the local airport. GGN charges $12.00 per chain. The variable cost for a chain, including the wholesale cost of the chain, packaging, the commission paid to the airport operator, and so on, is $10.40. The annual fixed cost for GGN is $15,000. Required: a. How many cases must Golden Gate Novelties sell every year to break even? Note: Do not round intermediate calculations. b. The owner of GGN believes that the company can sell 12,500 chains a year. What is the margin of safety in terms of the number of chains? a. Break-even point b. Margin of safety chains chains

OPTION 1: Crestview Country Club a. Fixed rental cost of $1,000 b. $11 per person for food OPTION 2: Tallgrass Country Club a. Fixed rental cost of $3,000 b. A caterer who charges $8.00 per person for food Southwestern College has budgeted $1,800 for administrative and marketing expenses. It plans to hire a band, which will cost another $2,000. Tickets are expected to be $35 per person. Local business supporters will donate any other items required for the event. A) Which option provides the least amount of risk? A) Option one B) Option two C) Both options provide the same amount of risk. D) Neither option has risks. E) Without probability assignments, it is not possible to determine the riskier option. 2B) What is the break-even point in units for each option? A) 96 units and 114 units, respectively B) 120 units and 187 units, respectively C) 56 units and 137 units, respectively D) 200 units and 252 units, respectively E) 156 units and 219 units, respectively C) What is the operating…

Take-a-Break Travel Company offers spring break travel packages to college students. Two of its packages, a 7-day, 6-night trip to Cancun and a 5-day, 4-night trip to Jamaica, have the following characteristics: Package Specifications Oceanfront room; number of nights Meals: Breakfasts Lunches Dinners Scuba diving trips Water skiing trips Airfare (round trip from Miami) Transportation to and from airport Required 1 Required 2 Profit margin Profit margin (%) Required 1 $200 (Cancun), $405 (Jamaica) $29 (Cancun), $44 (Jamaica) The Cancun trip sells for $1,800, and the Jamaica trip sells for $1,560, and both packages allow two bags to be checked for free. Cancun Profit margin Profit margin (%) Required 2 Complete this question by entering your answers in the tabs below. % Cancun Required: 1. What are the current profit margins on both trips? 2. Take-a-Break's management believes that it must drop the price of each trip by $103 in order to remain competitive in the market. Recalculate…