5. What will be the total average number of residents expected to use the facility each day?
5. What will be the total average number of residents expected to use the facility each day?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
![5. What will be the total average number of residents expected to use the facility each day?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa789ff92-4212-45c3-92d9-8eac781da1f7%2F62330481-78d9-47b0-a209-686fa8ec574f%2Fffepxvn_processed.png&w=3840&q=75)
Transcribed Image Text:5. What will be the total average number of residents expected to use the facility each day?
![The manager of Cavite Parks and Recreation Department for the town of Cavite is considering plans for her town's new park and
recreation center. Her recommendations will be presented to the seven members of the Park and Recreation Commission at its
regular monthly meeting to be held next week.
A series of community meetings has been held to obtain public input. The information from the public has been used to help
planners identify what types of facilities the public wants and estimate how much each facility might be used. Table 1 shows the
information the planners have assembled on facility construction cost, annual operating expense, space requirements, and
expected daily usage.
There will be at most one baseball field, either lighted or unlighted. At least two lighted tennis courts must be built. Any additional
tennis courts after the two can be either lighted or unlighted. The total number of tennis courts cannot be more than four.
There will be at most one swimming pool (either indoor or outdoor). A separate gymnasium, a separate fitness center, or a single
building housing the two might be built; however, separate buildings for both a gymnasium and fitness center would not be
built. There must be at least one picnic area, either large or small and no more than two picnic areas. If two picnic areas are
provided, one must be small and the other must be large.
The total amount of space available for the facilities is 140,000 square feet. The voters have approved a bond issue for PhP2.5
million to pay for the initial costs of constructing the facilities. The park's operating budget is PhP360,000 per year.
Initial Cost, PhP Annual Operating Exxpense, PhP Required Space, Square feet Average Anticipated Lisage, Residents/ day
Facity
Basebal field (unighted)
Basebal field (ighted)
Tennis Court (unighted
Tennis Court (ighted)
155,000
55,000
110,000
40,000
750
380,000
41,000
1100
90,000
25,000
15,000
120
150,000
55,000
16,000
180
Swirmming pool (outdoor)
425,000
140,000
21,000
1150
Swinming pool (indoar)
1,250,000
190,000
25,000
1300
Gymnesium
500,000
65,000
20,000
250
Fitness Center
350,000
50,000
12,000
325
Combined Gymna sium and Fibness Center
700,000
80,000
25,000
400
Picnic area (erge)
50,000
30,000
44,000
500
Picnic Area (smal)
30,000
20,000
22,000
250](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa789ff92-4212-45c3-92d9-8eac781da1f7%2F62330481-78d9-47b0-a209-686fa8ec574f%2F007e67g_processed.png&w=3840&q=75)
Transcribed Image Text:The manager of Cavite Parks and Recreation Department for the town of Cavite is considering plans for her town's new park and
recreation center. Her recommendations will be presented to the seven members of the Park and Recreation Commission at its
regular monthly meeting to be held next week.
A series of community meetings has been held to obtain public input. The information from the public has been used to help
planners identify what types of facilities the public wants and estimate how much each facility might be used. Table 1 shows the
information the planners have assembled on facility construction cost, annual operating expense, space requirements, and
expected daily usage.
There will be at most one baseball field, either lighted or unlighted. At least two lighted tennis courts must be built. Any additional
tennis courts after the two can be either lighted or unlighted. The total number of tennis courts cannot be more than four.
There will be at most one swimming pool (either indoor or outdoor). A separate gymnasium, a separate fitness center, or a single
building housing the two might be built; however, separate buildings for both a gymnasium and fitness center would not be
built. There must be at least one picnic area, either large or small and no more than two picnic areas. If two picnic areas are
provided, one must be small and the other must be large.
The total amount of space available for the facilities is 140,000 square feet. The voters have approved a bond issue for PhP2.5
million to pay for the initial costs of constructing the facilities. The park's operating budget is PhP360,000 per year.
Initial Cost, PhP Annual Operating Exxpense, PhP Required Space, Square feet Average Anticipated Lisage, Residents/ day
Facity
Basebal field (unighted)
Basebal field (ighted)
Tennis Court (unighted
Tennis Court (ighted)
155,000
55,000
110,000
40,000
750
380,000
41,000
1100
90,000
25,000
15,000
120
150,000
55,000
16,000
180
Swirmming pool (outdoor)
425,000
140,000
21,000
1150
Swinming pool (indoar)
1,250,000
190,000
25,000
1300
Gymnesium
500,000
65,000
20,000
250
Fitness Center
350,000
50,000
12,000
325
Combined Gymna sium and Fibness Center
700,000
80,000
25,000
400
Picnic area (erge)
50,000
30,000
44,000
500
Picnic Area (smal)
30,000
20,000
22,000
250
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