Solve questions 1, 2, 3, 4, 5 and 6 ABC Tours is organizing a 7 day trip to Toronto. For this particular five-day trip, it will cost theABC Tours the following:Bus and driverMarketingMeals per person/day$1,500/day$5,00 (brochure and newspapers)S5.00 (4 breakfasts)$20.00 (5 dinners)$120.00 (4 nights)$25.00 (per event for a total of 7 events)$1,000 Miscellaneous variable costsHotel rooms (night)Events/attractionsOther fixed costss100 (per person) Price per client $1,700Travel guide$500/dayQuestionsWith the above information, calculate the following:1. Total fixed costs2. Variable costs (per client)3. Contribution margin (per client)4. PV ratio5. The number of clients needed to break-even6. The number of clients needed if Parkway wants to generate a $5,000 profit

1. Total Fixed Costs = Bus and driver $1,500/day x 5 days + Travel guide $500/day x 5 days +…

ABC Tours is organizing a 7 day trip to Toronto. For this particular five-day trip, it will cost the ABC Tours the following: S1,500/day $5,00 (brochure and newspapers) $5.00 (4 breakfasts) $20.00 (5 dinners) $120.00 (4 nights) $25.00 (per event for a total of 7 events) $1,000 Miscellaneous variable costs Bus and driver Marketing Meals per person/day Hotel rooms (night) Events/attractions Other fixed costs $100 (per person) Price per client $1,700 Travel guide S500/day Questions With the above information, calculate the following: 1. Total fixed costs

ABC Tours is organizing a 7 day trip to Toronto. For this particular five-day trip, it will cost the ABC Tours the following: S1,500/day $5,00 (brochure and newspapers) $5.00 (4 breakfasts) $20.00 (5 dinners) $120.00 (4 nights) $25.00 (per event for a total of 7 events) $1,000 Miscellaneous variable costs Bus and driver Marketing Meals per person/day Hotel rooms (night) Events/attractions Other fixed costs $100 (per person) Price per client $1,700 Travel guide S500/day Questions With the above information, calculate the following: 1. Total fixed costs

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Not a previously submitted question. Thank you
kau.3 answer must be in table format or i will give down vote
Question 7 Answer saved Points out of 1.0 P Flag question The MID function in Excel requires how many arguments? Select one: O a. 5 O b. 4 O c. 2 d. 3 Clear my choice
Not a previously submitted question. Thank you
what are the solutions for questions 4 & 5?
Can you please solve questions 5-15 of the problem above. Thank you.
can you explain why the answer for the third part is option number 2 from the selection of answers
red Question 11 4) Listen Use the graphs below to categorize the statements to describe either Graph A or Graph B. 3 Graph A Graph B 0 #12 " 3/2 2x 0 */2 3/2 2 -1 T graph a graph b Add an answer item! Add an answer item! Answer Bank amplitude = 1 midline is y=3 f(x)= cos(x)+3 amplitude =3 f(x)=3sin(x)+1 midline is y=1 All Change
Question 3 Listen What are the values of r and r² for the below table of data? Hint: Make sure your diagnostics are turned on. Enter the data into L1 and L2. Click STAT, CALC, and choose option 8: Lin Reg(a+bx). A r = -0.862 r2=0.743 B r=0.673 2=0.820 X y 5 C r=0.743 r2=-0.862 8 22 23.9 14 9 14 17 20 5.2
V5. Explain 5 reasons that can help you with the theory of descriptive decision-making during your undergraduate studies
H3. Create a word problem with a topic Matheson Formula and Double Decllining Balance Show your solution and provide illustrations/diagrams