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COST TYPE Head office-related. (in Detroit station) Roadbed, track, and signaling equipment-related Station-related Train-related Onboard services VOLUME COST ELEMENTS Trips Total Passengers (over all trips) Average Ticket Price Administrative personnel, marketing costs, $500,000 per month IT costs Depreciation of track & signaling equipment Interest payments Maintenance workers Repair materials. Building costs (temperature control, leasing costs, etc.) and other costs (including cleaning service, ticket, and baggage handling personnel) Leasing costs-slow-speed train Leasing costs-high-speed train Hauling costs (power and fuel) Engineers and onboard service staff total Table 2 Ann Arbor Railroad - Projected Business for March 20X0 Gourmet services contract. Slow-Speed 200 75,000 $50 AMOUNT 300 $1,000,000 per month $180 $500,000 per month $5,000 per month $200 per slow-speed trip $400 per high-speed trip Detroit: $20,000 per month Chicago: $32,000 per month All other stations combined: $7,000 per month $100,000 per month per train $500,000 per month per train High-Speed $5,000 per slow-speed trip $8,000 per high-speed trip $150,000 per month $700,000 per month $8 per passenger 100,000

COST TYPE Head office-related. (in Detroit station) Roadbed, track, and signaling equipment-related Station-related Train-related Onboard services VOLUME COST ELEMENTS Trips Total Passengers (over all trips) Average Ticket Price Administrative personnel, marketing costs, $500,000 per month IT costs Depreciation of track & signaling equipment Interest payments Maintenance workers Repair materials. Building costs (temperature control, leasing costs, etc.) and other costs (including cleaning service, ticket, and baggage handling personnel) Leasing costs-slow-speed train Leasing costs-high-speed train Hauling costs (power and fuel) Engineers and onboard service staff total Table 2 Ann Arbor Railroad - Projected Business for March 20X0 Gourmet services contract. Slow-Speed 200 75,000 $50 AMOUNT 300 $1,000,000 per month $180 $500,000 per month $5,000 per month $200 per slow-speed trip $400 per high-speed trip Detroit: $20,000 per month Chicago: $32,000 per month All other stations combined: $7,000 per month $100,000 per month per train $500,000 per month per train High-Speed $5,000 per slow-speed trip $8,000 per high-speed trip $150,000 per month $700,000 per month $8 per passenger 100,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Qd.7.

COST TYPE Head office-related (in Detroit station) Roadbed, track, and signaling equipment-related Station-related Train-related Onboard services VOLUME COST ELEMENTS Trips Total Passengers (over all trips) Average Ticket Price Administrative personnel, marketing costs, $500,000 per month IT costs Depreciation of track & signaling equipment Interest payments Maintenance workers Repair materials Building costs (temperature control, leasing costs, etc.) and other costs (including cleaning service, ticket, and baggage handling personnel) Leasing costs - slow-speed train Leasing costs-high-speed train Hauling costs (power and fuel) Table 2 Ann Arbor Railroad - Projected Business for March 20X0 Engineers and onboard service staff total Gourmet services contract Slow-Speed 200 75,000 $50 AMOUNT 300 $1,000,000 per month $180 $500,000 per month $5,000 per month $200 per slow-speed trip $400 per high-speed trip Detroit: $20,000 per month Chicago: $32,000 per month All other stations combined: $7,000 per month $100,000 per month per train $500,000 per month per train High-Speed $5,000 per slow-speed trip $8,000 per high-speed trip $150,000 per month $700,000 per month $8 per passenger 100,000
Transcribed Image Text:COST TYPE Head office-related (in Detroit station) Roadbed, track, and signaling equipment-related Station-related Train-related Onboard services VOLUME COST ELEMENTS Trips Total Passengers (over all trips) Average Ticket Price Administrative personnel, marketing costs, $500,000 per month IT costs Depreciation of track & signaling equipment Interest payments Maintenance workers Repair materials Building costs (temperature control, leasing costs, etc.) and other costs (including cleaning service, ticket, and baggage handling personnel) Leasing costs - slow-speed train Leasing costs-high-speed train Hauling costs (power and fuel) Table 2 Ann Arbor Railroad - Projected Business for March 20X0 Engineers and onboard service staff total Gourmet services contract Slow-Speed 200 75,000 $50 AMOUNT 300 $1,000,000 per month $180 $500,000 per month $5,000 per month $200 per slow-speed trip $400 per high-speed trip Detroit: $20,000 per month Chicago: $32,000 per month All other stations combined: $7,000 per month $100,000 per month per train $500,000 per month per train High-Speed $5,000 per slow-speed trip $8,000 per high-speed trip $150,000 per month $700,000 per month $8 per passenger 100,000
Question 1 - Total projected cost for March 20X0. Costs Head Office Costs Roadbed Costs Station Costs Trains Costs Total Roadbed Related Costs Total Station Related Costs Total Trains Related Costs Gourmet Services Costs Variable Fixed Total Projected Cost for March $ Total
Transcribed Image Text:Question 1 - Total projected cost for March 20X0. Costs Head Office Costs Roadbed Costs Station Costs Trains Costs Total Roadbed Related Costs Total Station Related Costs Total Trains Related Costs Gourmet Services Costs Variable Fixed Total Projected Cost for March $ Total
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