For a table manufacturing company, selling price for a table is $22.00 per Unit, Variable cost is $6.00 per Unit, labor charge is $1.00 per Unit, rent is $ 515.00 per month and transportation is $1 per tables. If 337.00 tables are sold in a month how much revenue company earns for that month? 2:You run a hospital with 100 rooms. Fixed daily cost is $818.00 which includes staff salary, property charges, maintenance etc. Variable cost per room is $12.00 which includes cleaning, equipment rentals, utility cost etc. which is incurred only when the room is full. You charge $58.00 per room per day. You sold 31.00 rooms today, how much profit/loss did you earn for today.
For a table manufacturing company, selling price for a table is $22.00 per Unit, Variable cost is $6.00 per Unit, labor charge is $1.00 per Unit, rent is $ 515.00 per month and transportation is $1 per tables. If 337.00 tables are sold in a month how much revenue company earns for that month? 2:You run a hospital with 100 rooms. Fixed daily cost is $818.00 which includes staff salary, property charges, maintenance etc. Variable cost per room is $12.00 which includes cleaning, equipment rentals, utility cost etc. which is incurred only when the room is full. You charge $58.00 per room per day. You sold 31.00 rooms today, how much profit/loss did you earn for today.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Transcribed Image Text:For a table manufacturing company, selling price for a table is $22.00 per
Unit, Variable cost is $6.00 per Unit, labor charge is $1.00 per Unit, rent is $
515.00 per month and transportation is $1 per tables. If 337.00 tables are sold
in a month how much revenue company earns for that month? 2:You run a
hospital with 100 rooms. Fixed daily cost is $818.00 which includes staff
salary, property charges, maintenance etc. Variable cost per room is $12.00
which includes cleaning, equipment rentals, utility cost etc. which is incurred
only when the room is full. You charge $58.00 per room per day. You sold
31.00 rooms today, how much profit/loss did you earn for today.
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