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May 31, 2022 1. Let us assume, that in the management of a small hotel business providing 50 rooms to guests, the following occupancy and electric power consumption for the first six months of the year took place: Power Month Occupancy Consumption 20 P 45,000 January February 30 55,000 March 28 52,000 April 26 51,000 May 35 65,000 June 32 61,000 Total 329,000 The hotel management assumes that the occupancy in July will be 33 rooms. 1. Variable cost ratio 2. Total Fixed costs. Required: Sheet1 +

May 31, 2022 1. Let us assume, that in the management of a small hotel business providing 50 rooms to guests, the following occupancy and electric power consumption for the first six months of the year took place: Power Month Occupancy Consumption 20 P 45,000 January February 30 55,000 March 28 52,000 April 26 51,000 May 35 65,000 June 32 61,000 Total 329,000 The hotel management assumes that the occupancy in July will be 33 rooms. 1. Variable cost ratio 2. Total Fixed costs. Required: Sheet1 +

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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please show the solution for total fixed costs from the given below
3 May 31, 2022 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1. Let us assume, that in the management of a small hotel business providing 50 rooms to guests, the following occupancy and electric power consumption for the first six months of the year took place: Power Consumption Month Occupancy January 20 45,000 February 30 55,000 March 28 52,000 April 26 51,000 May 35 65,000 June 32 61,000 Total 329,000 The hotel management assumes that the occupancy in July will be 33 rooms. 1. Variable cost ratio 2. Total Fixed costs. Required: Sheet1 P
Transcribed Image Text:3 May 31, 2022 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1. Let us assume, that in the management of a small hotel business providing 50 rooms to guests, the following occupancy and electric power consumption for the first six months of the year took place: Power Consumption Month Occupancy January 20 45,000 February 30 55,000 March 28 52,000 April 26 51,000 May 35 65,000 June 32 61,000 Total 329,000 The hotel management assumes that the occupancy in July will be 33 rooms. 1. Variable cost ratio 2. Total Fixed costs. Required: Sheet1 P
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