Mont Hotel has 200 rooms for rent. Eighty percent of rooms are booked per day during peak season and at this level of activity total costs for a room are $1000 a day. A peak season usually lasts one month (30 days). Only fifty percent of room is full at lowest level of activity and total cost for a month is $3,600,000.
1.Variable cost per night-room is (rounded up to nearest whole dollar):
A. $523
B. $579
C. $667
D. $677
2.Total fixed cost for a month is:
A. $1,600,000
B. $1,629,000
C. $1,623,000
D. $1,650,000
Answers
The variable cost per night-room can be calculated by dividing the total cost for a month by the number of rooms and the number of days in a month.
Let's calculate it:
Total cost for a month: $3,600,000
Number of rooms: 200
Number of days in a month: 30
Variable cost per night-room = Total cost for a month / (Number of rooms * Number of days in a month)
Variable cost per night-room = $3,600,000 / (200 * 30) ≈ $300
Therefore, the variable cost per night-room is approximately $300.
To calculate the total fixed cost for a month, we can subtract the total variable cost from the total cost for a month:
Total cost for a month: $3,600,000
Variable cost per night-room: $300
Number of rooms: 200
Number of days in a month: 30
Total fixed cost for a month = Total cost for a month - (Variable cost per night-room * Number of rooms * Number of days in a month)
Total fixed cost for a month = $3,600,000 - ($300 * 200 * 30)
Total fixed cost for a month = $3,600,000 - $1,800,000
Total fixed cost for a month = $1,800,000
Therefore, the total fixed cost for a month is $1,800,000.
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Related Questions
Designing an effective marketing mix conveys to potential buyers a clear customer value proposition, which is a _____. Multiple choice question. statement that claims to offer customers the lowest possible price for the products sold plan of action that an organization adopts to support its mission and goals proposition made to customers about ensuring quality manufacturing cluster of benefits that an organization promises customers to satisfy their needs
Answers
Answer:
cluster of benefits that an organization promises customers to satisfy their needs
Explanation:
In order to create an effective marketing mix that represent the potential buyer an accurate customer value i.e. the benefits are cluster in which an organization promised to the customer to satisfy their needs and wants. The customer value proposition refer to the total benefits in which the company promised to the customer the satisfaction in return of the payment done by the customer
What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Answers
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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Maria is considering various business entity types in order to set up her new business. She wants to know which entities are subject to double taxation. You tell her that the entities subject to double taxation are:
Answers
Answer:
1. Corporations
2. Limited liability companies that are elected to be treated as corporations
Explanation:
Double taxation is when tax has to be paid two times on on the same particular source of income. A corporation pays tax at 2 levels. That is at the personal level and sat the business level. From dividends, taxes are paid by shareholders, corporations pay taxes on what they also warn annually.
Entities subject to double taxation includes, corporations and the limited liability companies treated as corporations.
The independently owned and operated cafeteria inside the local hospital uses inputs such as
money, groceries, and labor to transform food into hot meals. In this scenario, which of the following
is a transformation process?
Answers
Answer: The transformation process in this scenario involves using inputs such as money, food, and labor to turn the food into hot meals.
Explanation: In this scenario, an independent cafeteria operated out of a local hospital takes money, food, and labor and turns them into hot meals. This transformational process is an important part of cafeteria operations as it creates meals that can be served to hospital staff, patients, and visitors. By taking these inputs and turning them into an end product (hot meals), the cafeteria demonstrates the basic principles of the transformation process. Therefore, in this scenario, the transformation process refers to the process of converting the inputs (money, food, and labor) into a finished product (hot food).
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Hai, a single taxpayer, invested $75,000 in the stock of penguin corporation, which recently declared bankruptcy. although distressed over the loss of her investment, hai is relieved that she can claim a $75,000 ordinary (rather than capital) loss deduction. comment on hai’s expectations.
Answers
Hai's expectation of being able to claim a $75,000 ordinary loss deduction is correct. When a corporation goes bankrupt, it can result in the loss of the shareholder's investment.
However, this loss can be claimed as a deduction on the taxpayer's tax return.
In the case of a stock investment, the loss is typically considered a capital loss, which can only be used to offset capital gains, up to a maximum of $3,000 per year. However, in certain situations, such as when the investment is in a corporation that has gone bankrupt, the loss can be treated as an ordinary loss.
An ordinary loss can be deducted in full against ordinary income, such as wages, salaries, or business income, which can result in a larger tax benefit than a capital loss deduction.
Overall, while Hai may be distressed over the loss of her investment in Penguin Corporation, her expectation of being able to claim an ordinary loss deduction for the full amount of her investment is accurate.
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In a perfectly competitive market, all producers sell ___ goods or services. Additionally, there are ___ buyers and sellers. Because of these two characteristics, both buyers and sellers in perfectly competitive markets are price ____.
Answers
Answer:
✓Identical
✓many
✓takers
Explanation:
perfectly competitive market can regarded as market that is been characterized as one having many buyers as well as sellers, they re also chracterized as one with undifferentiated products as well as no transaction costs with no barriers of entry and exit, there is also a perfect information about the price of a good.
It should be noted that In a perfectly competitive market, all producers sell identical goods or services. Additionally, there are many buyers and sellers. Because of these two characteristics, both buyers and sellers in perfectly competitive markets are price takers.
1st to answer gets Brainliest
Which federal legislation protects consumers from harassment by
debt collectors
A.The Credit Card Accountability Responsibility and Disclosure Act
B.The Fair Credit Reporting Act
C.The Fair Debt Collection Practices Act
D.The Truth in Lending Act
Answers
Answer:
The Fair Debt Collection Practices Act
Explanation:
The FDCPA prohibits debt collection companies to use abusive, unfair, or deceptive ways to collect debts.
The federal legislation protects consumers from harassment by
debt collectors is The fair debt collection practices act Option(c) is correct.
What is Fair debt collection practice act?The Fair debt collection practice act means a state policy for eliminating the abusive debt for collection and to protest consumers against debt collection.
The Fair debt collection practice debt is known to be that federal legislation which basically protects the consumers from any type of the harassment.
Therefore Option(c) is correct.
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Answer these you get 20 points!!! Please help me !! Please
Answers
2.)c
3.)b
4.)I think d
5.) a maybe
6.)c
antonia clark, the senior marketing manager at tough mudder, discusses collaborating with different teams such as the creative team and merchandising partnership team. tough mudder also has an accounting and finance department, logistics department, and operations department. based on this information, tough mudder uses which type of departmentalization for its organization?
Answers
Tough Mudder appears to use Functional Departmentalization for its organization.
Functional Departmentalization is a type of organizational structure where jobs and activities are grouped based on their function or specialty. In this structure, employees with similar skills and knowledge are grouped together into departments such as marketing, accounting and finance, logistics, and operations. Each department is headed by a manager who oversees the work of employees in that department and is responsible for coordinating with other departments to achieve the company's goals.In the example provided, Antonia Clark is the senior marketing manager at Tough Mudder, indicating that the company has a marketing department. Additionally, there is a mention of a creative team and merchandising partnership team, which are likely part of the marketing department. The other departments mentioned, such as accounting and finance, logistics, and operations, also suggest that the company uses functional departmentalization.By grouping employees with similar skills and knowledge together into functional departments, Tough Mudder can achieve greater efficiency, coordination, and specialization in its operations.
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87. The process of forming a wave with a larger amplitude when two or more waves
combine is called ____________________ interference.
Answers
The process of forming a wave with a larger amplitude when two or more waves combine is called constructive interference.
Constructive interference occurs when two or more waves with the same phase reinforce each other, resulting in a wave with a larger amplitude than the component waves.
There is constructive interference when the peaks of the waves line up. This is frequently described by the phrase "in-phase" waves. Although this phrase isn't particularly important for this course.
So that the peak-to-trough amplitude of the resulting wave equals the sum of the individual amplitudes. The opposite is true in harmful interference.
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Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
Answers
($14)(25)=$350
($25)(11)=$275
$350+$275= $625
Why do some auto insurance customers want medical coverage for their
policies?
A. To help find the best hospital to care for people they injured in a
car accident
B. To keep from having to make a co-pay in case of a minor injury
after an accident
C. To avoid having to pay for hospital bills resulting from an accident
they cause
D. To prevent uninsured motorists from suing them for injuries they
cause
Answers
9514 1404 393
Answer:
C. To avoid having to pay for hospital bills resulting from an accident they cause
Explanation:
The purpose of any sort of insurance is to limit or eliminate the policy-holder's liability. Medical insurance in an auto policy pays for medical bills the policy-holder might otherwise be liable for as a consequence of an auto accident.
Discuss some of the main points that you would look for in the contract and describe how these would affect the practice?.
Answers
When reviewing a contract, there are several key points to consider that can greatly impact the practice. These include the terms and conditions, payment terms, obligations and responsibilities, termination clauses, and dispute resolution mechanisms.
The terms and conditions of the contract outline the rights and obligations of both parties. It is crucial to ensure that the terms are fair and reasonable and that they align with the practice's goals and values. Any restrictive clauses or provisions that may hinder the practice's operations should be carefully evaluated.
Payment terms are essential to ensure a steady cash flow for the practice. The contract should specify the payment schedule, method, and any penalties or incentives for late or early payments. Clear payment terms will help the practice manage its finances effectively and avoid any potential disputes.
The obligations and responsibilities of both parties must be clearly defined in the contract. This includes the scope of services, performance expectations, and any specific deliverables. The clarity in these areas will help prevent misunderstandings and ensure that both parties are on the same page regarding their roles and responsibilities.
Termination clauses are important to address situations where the contract needs to be ended prematurely. The contract should outline the conditions under which either party can terminate the agreement, including any notice periods or financial implications. A well-defined termination clause provides security and flexibility to the practice.
Lastly, the contract should include provisions for resolving disputes. This could involve mediation, arbitration, or litigation. Choosing the appropriate mechanism and ensuring it is fair and impartial can greatly affect the practice's ability to resolve conflicts efficiently and protect its interests.
By carefully reviewing these points and ensuring they align with the practice's needs and objectives, the contract can provide a solid foundation for a successful and mutually beneficial business relationship.
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Gato Inc. had the following inventory situations to consider at January 31, its year-end. Identify which of the following items should be included in inventory. (a) Goods held on consignment for Steele Corp. since December 12. select an option (b) Goods shipped on consignment to Logan Holdings Inc. on January 5. select an option (c) Goods shipped to a customer, FOB destination, on January 29 that are still in transit
Answers
Answer:
(b) Goods shipped on consignment to Logan Holdings Inc. on January 5.
(c) Goods shipped to a customer, FOB destination, on January 29 that are still in transit.
Explanation:
Gato Inc. should include two items in its inventory. Good shipped on consignment to Logan Holdings Inc. should be included in inventory because this is transaction after the closing of December period. Goods shipped tp a customer on January 29 must also be included in the inventory because the goods are still in transit.
What kind of lights can be used to highlight merchandise while leaving the rest of the display space dimly lit or dark? _______ can be used to highlight merchandise while leaving the rest of the display space dimly lit or dark.
Answers
Answer:
Accent light can be used to highlight merchandise whilst keeping other space dark.
Explanation:
Answer:
Spotlights
Explanation:
what type of relationship has probably been formed if two or more parties agree to combine their efforts for a single business transaction?
Answers
Answer:
A joint venture has been formed.
Explanation:
A joint venture (JV) relationship is a business arrangement in which two or more parties agree to combine their resources and efforts for the purpose of accomplishing a specific task or a single business transaction. This task or transaction can be a new business project or any other business activity. As they are jointly engaged in the business transaction, they also agree to share the profits (rewards) and losses (risks) arising from the transaction jointly.
What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answers
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUdistinguish between products tax and production tax
Answers
Answer:
Some examples of production taxes are land revenues, stamps and registration fees and tax on profession. Product taxes are paid on the actual volume of production. It is paid per unit of product. For example, excise duty, service tax, sales tax etc.
for external reporting, income statements are generally prepared using costing, while costing is used for internal decision making purposes. (enter only one word per blank.)
Answers
For an external reporting, the income statements are generally prepared using variable costing, while the absorption costing is used for internal decision making purposes.
What is an income statement?Also known as profit and loss account, this is a financial statements that shows the company's revenues & expenses during a particular period. It also indicates how the revenues are transformed into the net income or net profit.
Under the financial statement, the absorption costing often include all the costs associated with the manufacturing of a product while the variable costing often includes the variable costs directly incurred in production and none of the fixed cost.
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A manager of a manager-managed limited liability company (llc) does not owe a duty of loyalty to the llc.
a. true
b. false
Answers
A manager of a manager-managed limited liability company (LCC) does not owe a duty of loyalty to the LCC. The statement was false. Thus, the option (b) is correct.
What is manager?
The term manager refers to manage the company. The manger responsibility and duty to manage the all the company work and guided the employees.
Manager are manage the organization but, as limited liability is not the ownership interest in the LLC. The manager duties to higher the employees and maintain the discipline of the company. The manager as duty to of loyalty to the LCC.
As a result the statement was false. Therefore, option (b) is correct.
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what is the main purpose of alcohol when doing poly gel nails?
Answers
Answer:
Gel gloss are included stronger components that realize the nail tighter than traditional lacquers and also are solid sufficient to withstand day-to-day wear and tear without damaging, discusses Essie Global Lead Instructor Rita Comment. A few distinctions in between the formula and also your normal lacquer? Gel polishes are much more adaptable, so they withstand chips; Gels are treated under a UV or LED light and brightens treatment in oxygen. Gels have to be eliminated by soaking in acetone for at the very least 10 minutes, while polishes can be quickly wiped away with nail gloss cleaner.
Explanation:
Which of the following indicates that the assessment of one employee is affecting the ability to be objective when rating another employee? A) Halo error B) Recency error C) 360 degree feedback D) Judgmental methods E) Fixed standards
Answers
The answer that demonstrates how one employee's evaluation affects one's ability to rate another employee objectively is A) Halo mistake.
Halo mistake happens when a rater's general opinion of an employee—whether it's favourable or unfavorable—influences how they rate that employee's performance along particular dimensions. This might result in a halo effect when the rater regularly evaluates the other employee higher or worse based on their predetermined notion if the evaluation of one employee is influencing the rater's view or prejudice. This mistake precludes the rater from giving an accurate and objective assessment of the person's performance relative to particular criteria. The halo error impairs the rating process's objectivity and impartiality.
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The advertising industry was worth how much money in 1920?
$3,000
$300,0000
$3,000,000,000
$300,000,000
Answers
Answer:
3,000,000,000
Explanation:
let me now if I'm wrong
The items below list several e-mail practices. If the practice describes something workers should do when using e-mail for business purposes, select Do. If the practice describes something workers should not do when using e-mail for business purposes, select Don't.
include a signature.
include lots of exclamation marks to get your point across.
include the thread of previous messages.
make e-mail messages brief.
always mark messages as urgent so your e-mails will be read first.
use a relevant subject line.
use all capital letters when the message is urgent.
Answers
Answer:
do
don't
do
do
don't
do
dont
You just celebrated your first full year in business. You earned
$100,000 in revenue and had $65,000 of expenses. The
$35,000 you have left is called your...
1. Profit
2. Sales
3. Services
4. Expenses
5. Goods
Answers
Answer:
I think its #1 bro i don't know
Read the following question/answer from a standard learning style inventory and determine which learning style the selected response reflects.
When I share a story, I am likely to...talk with my hands.
Physical
Visual
Auditory
Answers
What does the Beginning Balance column in the Trial Balance View in the Prep for taxes tool indicate
Answers
The beginning balance column in the tool indicates the balance in the clients account.
What is the prep for taxes tool?This is an online tool that helps with the reviews of the account of a client online through the help of one dashboard.
The tool is also known to have a close resemblance to the trial balance.
These kind of tools are useful to theclient for their tax preparation.
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What does SPA stand for?
Select one:
a. a place or resort with a mineral spring
b. a bath or small pool containing hot aerated water
c. Stop. Please Answer
d. Specialty Store Retailer of Private Label Apparel
e. Systems, Processes and Applications
Answers
SPA stands for a place or resort with a mineral spring. A spa is a health resort or hotel that offers treatments, such as massages, facials, and body treatments, to its guests. Some spas have saunas, steam baths, and other hydrotherapy services to help people relax.
Spas, which are frequently found in hotels or as independent businesses, may have hair salons or manicure-pedicure services as well. Spas offer a range of services that promote relaxation and rejuvenation of the mind and body. Spa treatments might include anything from massage to hydrotherapy and from facials to body wraps.
However, most of them have one thing in common: they aim to help people relax and unwind while improving their health and wellbeing. There are a few different types of spas, each with its own distinct services and ambiance. Resort spas, for example, are often located at high-end resorts and hotels and offer a luxurious experience to their guests.
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in the production stage the application is released to be used in its actual setting.
T/F
Answers
True.
In the production stage of software development, the application is released to be used in its actual setting or by end-users. This stage follows the completion of development, testing, and any necessary quality assurance processes. During production, the application is deployed to its intended environment, such as servers, cloud platforms, or user devices, making it accessible to users for real-world use. The production stage involves activities such as installation, configuration, monitoring, and ongoing support to ensure the application functions as intended and meets user requirements. It marks the transition from development and testing to the live operation of the application.
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A naturalistic learning style fits a person who enjoys learning through _____.
listening to music
working alone
presenting a summary of a novel
comparing things found in nature
Answers
Answer: comparing things found in nature
Explanation:
Naturalistic learning involves the use of natural elements such as animals, plants, natural events and the environment in general to learn about various concepts.
People who would prefer this style of learning prefer to learn outdoors and are usually found comparing things found in nature to other things regardless of if they are indoors or outdoors. The strong attraction they feel to nature allows them to harness this learning style more effectively.
Answer:
comparing things found in nature
Explanation:
i got it right on my test