Cost Accounting 6 Marks: Cedar Lodge Resorts forecasts occupancy costs: Base utilities: $12,000 annually, cost: $85/month, Per-room Maintenance: 15% of total utilities. With 45 rooms, find next year's total operating cost.
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- HelpUsing the following information, determine the net operating income NOI. Subject Property Number of apartments 15 Market rent per month. 1000 Vacancy and collection losses 10% of PGI Operating expenses 5% of EGI Capital expenditures 10% of EGIFor each total fixed cost listed below, determine the fixed cost per unit when sales are 50, 100, and 200 units. Store rent $ 5,000 Manager’s salary 3,000 Equipment lease 500 Depreciation on fixtures 250
- General accounting questionFor each total fixed cost listed below, determine the fixed cost per unit when sales are 25, 50, and 100 units. Store rent $4,000 Manager's salary 500 Equipment lease 375 Depreciation on fixtures 250 Begin by calculating the fixed cost per unit for each of the fixed costs listed, and the total fixed cost per unit when sales are 25 units. Then calculate the fixed cost per unit and the total fixed cost per unit when sales are 50 and 100 units, respectively. (Round all amounts to the nearest cent.) Fixed Cost per Total Fixed Cost Unit at 25 Units Store rent $4,000 Manager's salary 500 Equipment lease 375 Depreciation on fixtures 250 Total fixed cost per unitWant Answer
- Step by step AnswerJake's Roof Repair has provided the following data concerning its costs: Fixed Cost per Month $21,000 Cost per Repair-Hour $15.00 $7.50 $ 0.35 $ 1.70 $ 0.70 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses For example, wages and salaries should be $21,000 plus $15.00 per repair-hour. The company expected to work 2,900 repair-hours in May, but actually worked 2,800 repair-hours. The company expects its sales to be $51.00 per repair-hour Revenue Expenses $ 2,710 $ 5,740 Required: Compute the company's activity variances for May. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance). Input all amounts as positive values.) $ 4,620 $ 3,820 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Jake's Roof Repair Activity Variances For the Month Ended May 31 Administrative expenses Total expense Net operating…financial accounting
