Accounting: Blue Wave Water Park pricing structure is below. Base admission: $30 Additional features: • Wave pool access: Adds 40% to base • Water slides: Adds 35% to base • Lazy river: Adds 25% to base If 120 guests choose all features, calculate total revenue.
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- Download the attached Excel file (First Q Profits Report W Goal Seek_Ver2.xlsx). Instructions: . There are 3 Worksheet Tabs in this Excel file; First Q, First Q Goal Seek, and Minivan Loan. • The First Q (First Quarter) tab shows the first quarter revenue and expenses of the Downtown Internet Cafe. For this tab, • Complete the Proportion column, cells G7 through G11 Each proportion value shows the % of the quarterly sale of that item over the entire sale. Calculate the Net Income row, cells B24 through F24. o Compute the Profit Margin row, Cells B25 through E25. o Add Net Income Sparkline for January through March in Cell H24. in For this tab1The College is planning a concert. Maximum capacity for the concert venue is 3,000. tickets will be sold for $25 per ticket. The college estimates that costs of producing the concert to be 2,500 plus the cost of the band. Alternative A a fee of $8,000 and $5 per tickets; or Alternative B - $8.00 per ticket sold Question 1. If you expect to see 3,000 tickets, which alternative produces the highest profit?
- Complete ALL requirements <>Required information Skip to question [The following information applies to the questions displayed below.] Kristin Helmud is the general manager of Highland Inn, a local mid-priced hotel with 100 rooms. Her job objectives include providing resourceful and friendly service to the hotel’s guests, maintaining an 80% occupancy rate, improving the average rate received per room to $101 from the current $96, achieving a savings of 5% on all hotel costs, and reducing energy use by 10% by carefully managing the use of heating and air conditioning in unused rooms and by carefully managing the onsite laundry facility, among other means. The hotel’s owner, a partnership of seven people who own several hotels in the region, wants to structure Kristin’s future compensation to objectively reward her for achieving these goals. In the past, she has been paid an annual salary of $85,000 with no incentive pay. The incentive plan the partners developed has each of the goals weighted as follows:…Get Drenched Swim Park sells individual and family tickets. With a ticket, each person receives a meal, three beverages, and unlimited use of the swimming pools. Get Drenched Swim Park has the following ticket prices and variable costs for 2020: Tickets Individual Family Sales price per ticket $50 $110 Variable cost per ticekt $30 $90 Get Drenched Swim Park expects to sell 1 individual ticket for every 4 family tickets. Get Drenched Swim Park has total fixed cost of $80,000.Using the information presented for Get Drenched Swim Park complete the following:1. Compute the weighted-average contribution margin per ticket.
- Kindly use Excel when answering a and b and don't forget the NOTE stated.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…(Click the icon to view the information.) ad the requirements. A. ان االستدالل inolindindindinancin ALAVALA equire earest or 110 Ca Requirements 1. Select a graph depicting fixed costs, variable costs, and total costs for each training session versus the number of guests. 2. Suppose 110 persons attend the next event. What is Culture Training's total net cost and the cost per attendee? 3. Suppose instead that 185 persons attend. What is Culture Training's total net cost and the cost per attendee. 4. How should Culture Training charge customers for their services? Explain briefly. Print Done - X P sts st p
- Wyoming 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. Wyoming Waters has the following ticket prices and variable costs for the year: Individual Family Sale price per ticket $35 $105 Variable cost per ticket 25 100 Wyoming Waters expects to sell one individual ticket for every three family tickets. Wyoming Waters' total fixed costs are $25,000. Requirement 2. Calculate the total number of tickets Wyoming Waters must sell to break even. Start by selecting the formula and entering the amounts to calculate the total number of tickets Wyoming Waters must sell to break even. (Abbreviations used: Weighted avg. CM = weighted-average contribution margin. Complete all input fields. For items with a zero value, enter "0".) (Fixed costs + Target profit) ÷ Weighted-avg. CM per unit = Required sales in units ( + ) ÷ =…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…Instruction: Please answer the following questions. Submit your answers (word file or PDF). Minimum of words are 300 words. Questions. Describe the positives and negatives for this development project. FIGURE 2.1 Project Evaluation and Selection Form EVALUATION CRITERIA Investment (5) Return on Investment Time to Market Increase in Market Share PROJECT EVALUATION AND SELECTION PROJECT A $700,000 9.1% 10 months. 2% Risk Chance of Success Comments Project A: Major competitor already has similar product and may reduce price. Project B New technology may not work as expected. Project C Product features may not be accepted in some international markets Low High PROJECT B $2,100,000 18.3% 16 months 5% High Medium PROJECT C $1,200,000 11.5% 12 months 3% Medium High Susay at day a