Mongelli Family Inn is a bed and breakfast establishment in a converted 100-year-old mansion. The Inn's guests appreciate its gourmet breakfasts and individually decorated rooms. The Inn's overhead budget for the most recent month appears below: Activity level Variable overhead costs: 90 guests Supplies Laundry Fixed overhead costs: $ 234 315 Utilities Salaries and wages 220 4,290 2,680 Depreciation Total overhead cost $7,739 The Inn's variable overhead costs are driven by the number of guests. What would be the total budgeted overhead cost for a month if the activity level is 99 guests? (Round your intermediate calculations to 2 decimal places.)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Mongelli Family Inn is a bed and breakfast establishment in a converted 100-year-old mansion. The Inn's guests appreciate its gourmet breakfasts and
individually decorated rooms. The Inn's overhead budget for the most recent month appears below:
Activity level
Variable overhead costs:
90 guests
Supplies
Laundry
Fixed overhead costs:
$ 234
315
Utilities
220
Salaries and wages
4,290
2,680
Depreciation
Total overhead cost
$7,739
The Inn's variable overhead costs are driven by the number of guests.
What would be the total budgeted overhead cost for a month if the activity level is 99 guests? (Round your intermediate calculations to 2 decimal
places.)
Transcribed Image Text:Mongelli Family Inn is a bed and breakfast establishment in a converted 100-year-old mansion. The Inn's guests appreciate its gourmet breakfasts and individually decorated rooms. The Inn's overhead budget for the most recent month appears below: Activity level Variable overhead costs: 90 guests Supplies Laundry Fixed overhead costs: $ 234 315 Utilities 220 Salaries and wages 4,290 2,680 Depreciation Total overhead cost $7,739 The Inn's variable overhead costs are driven by the number of guests. What would be the total budgeted overhead cost for a month if the activity level is 99 guests? (Round your intermediate calculations to 2 decimal places.)
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