Munabhai Vessel operating costsAdvertisingAdministrative costsInsuranceMonthFixedCost per Cost per Cost perCruise Passenger$ 6,800 $ 476.00$ 3,000$ 3.50$ 5,800 $ 33.00$ 3,500$ 1.50For example, vessel operating costs should be $6,800 per month plus $476.00 per cruise plus $3.50 per passenger. The company'ssales should average $32.00 per passenger. In July, the company provided 55 cruises for a total of 3,050 passengers.Required:Prepare the company's flexible budget for July.Alyeski ToursFlexible BudgetFor the Month Ended July 31Actual cruisesActual passengersRevenueExpenses:Vessel operating costsAdvertisingAdministrative costsInsuranceTotal expense0Net operating income$0

Flexible budget is an budget for different levels of activity. It changes on basis of levels of…

Answered: Vessel operating costs Advertising…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter11: Differential Analysis And Product Pricing

Section: Chapter Questions

Problem 4MAD

See similar textbooks

Similar questions

Break-even number of passengers for a cruiseOcean Escape Cruise Lines has a boat with a capacity of 1,200passengers. An eight-day ocean cruise involves the following costs: CrewFuelFixed operating costs $240,00060,000800,000 The variable costs per passenger for the eight-day cruise include thefollowing: MealsVariable operating costs $900400 The price of the cruise is $2,400 per passenger.A. Determine the break-even number of passengers for the eight- day cruise.B. Assume 900 passengers booked the cruise. What would be the profit or loss for the cruise?C. Assume the cruise was booked to capacity. What would be theprofit or loss for the cruise?D. If the cruise cannot book enough passengers to break even, howmight the cruise line respond?
A start up business is considering two types of equipment - data are as follows: TYPE A ΤΥΡE Β First Cost P200,000.00 P300,000.00 Annual operating cost 32,000.00 24,000.00 Annual labor cost 50,000.00 32,000.00 Insurance and property taxes 3% 3% Payroll taxes 4% 4% Estimated life 10 10 The minimum required rate of return is 15%. Using present worth cost method, determine the value of alternative A and alternative B: ANSWER for ALTERNATIVE A: Blank 1 ANSWER for ALTERNATIVE B: Blank 2
Suppose that a company expects the fo llowing financial resuJts from a project during its first year ope ration:• Sales revenue: $250.000• Variable costs: $80.000• Fixed costs: $50.000• Total unit produced and so ld: 1,000 units(a) Compute the contribution ma rgin pe rcentage.(b) Compute the brcakcven point in units sold.
Given two alternatives, A and B; you have performed the cost analysis below. Your company has an MARR of 10%, which option should you choose? A B А-B Initial Cost $125,000 $105,000 $20,000 Annual $30,500 $27,000 $3,500 Benefits Annual $2,900 $4,000 ($1,100) Costs Salvage $0 $7,000 ($7,000) Value Life 7 7 7 IRR 12.2% 12.9% 7.8% A Neither Either could be chosen, they are equally as good
| Dally Inc. has the following information about its truck fleet miles and operating costs: Year 2016 2017 Miles 400,000 428,000 560,000 Operating Costs $256,000 $254,000 $320,000 2018 What is the best estimate of total operating costs if the expected fleet mileage for 2019 is 482,000 miles? Round your answer to the nearest dollar. a. $288,800 b. $267,667 с. $289,200 d. $125,000 e. $192,800 f. $308,480 g. $281,000 h. None of the above. 3.
Question Description Company XYZ has a monthly rental amount of 2000 USD, credit payments(1200 per year), materials 30USD, Labor 70 USD, Unit selling price is 150$. Please find BEP andprepare a profit and loss statement. Going forward company also decided to look at theirproductivity from a multifactor perspective. To do so, CEO has determined his labor, capital,energy and material usage and has decided to use dollar as the common denominator. His totallabor hours are now 300 per day and will increase to 308 per day. His capital and energy costs willremain constant at $350 and $150 per day respectively. Material costs for 100 logs per day are$1000 and will remain the same. Because he pays an average of $10 per hour. a) calculate the productivity for current system and with professional buyer.b) Please prepare a flow diagram, process chart, activity chart and operations chart for a teacherteaching a class at FMS?
Average Total Cost in the Short and Long Run Average Total in short C run smailih factory A in short C run mediithn factory A in short C run largth factory A Cos in long run C $12,00 0. 10,000 Economie Constan iteturns to sdal scal Diseconomie e e S sal 1,00 1,20 Quantit Carfs per gav
Assume that the moving activity has an expected cost of $80,000. Expected directlabor hours are 20,000, and expected number of moves is 40,000. The best activity ratefor moving isa. $4 per move.b. $1.33 per hour-move.c. $4 per hour.d. $2 per move.e. None of these.
Determine the IMU% which will be required to achieve a 5.2% profit with the following figures: • Markdowns 4.0% • Employee discounts • Expenses • Shortages • Cash discounts 0.9% 45.0% 1.2% 1.1% • Alteration costs 0.9% a.) Calculate the IMU% for this department b.) What is the Reduction% for this department
Robot manufacturing Company expected future earning OMR 100,000. Company's normal return OMR 25,000. The return on investment 30%. Calculate estimated goodwill. Select one: a. OMR 22,500 b. OMR 33,333 c. OMR 333,333 d. OMR 250,000
Review Annual Profit Rate Given the following information compute the annual profit rate: Investment Duration (months) Balance Account 1000 250000 150000 12 24 6 Profit Distributable 30 23500 1500 Application Mudaraba The Unre tricted Investment Accounts (UIA) of an Islamic Bank are based on a Mudaraba agreements with a profit-sharing ratio of 40% (Mudarib) and 60% (Capital Provider). The Islamic bank invested the UIA balance of QR 2.500.000 million in an oil company for one year with the agreement to share the profit with the oil company using the following ratio 55% (Mudarib) and 45% (Capital Provider). At the end of the year the oil company earned QR 125.000 as profit. Find the income distributable to the UIA holders. Find the UIA holders annual profit rate. Suppose the market annual profit rate for the same type of Unrestricted Investment Accounts is 1.75 %. What would be the new profit-sharing ratio between the Islamic Bank and the Unrestricted Investment Accounts holders.
Selling Price :Rs. 12 Per UnitVariable Cost : 2/3 of SPFixed Cost :Rs. 40,000You are required to calculate:(i) Sales to earn profit of Rs. 8000.(ii) Also show the BEPs in Breakeven chart.

SEE MORE QUESTIONS

Recommended textbooks for you

Managerial Accounting

Accounting

ISBN:

9781337912020

Author:

Carl Warren, Ph.d. Cma William B. Tayler

Publisher:

South-Western College Pub

Financial And Managerial Accounting

Accounting

ISBN:

9781337902663

Author:

WARREN, Carl S.

Publisher:

Cengage Learning,

Managerial Accounting

Accounting

ISBN:

9781337912020

Author:

Carl Warren, Ph.d. Cma William B. Tayler

Publisher:

South-Western College Pub

Financial And Managerial Accounting

Accounting

ISBN:

9781337902663

Author:

WARREN, Carl S.

Publisher:

Cengage Learning,

SEE MORE TEXTBOOKS