not use ai please Play Time is a nursery school for pre-kindergarten children. The school has determined that the following biweekly revenues and costs occur atdifferent levels of enrollment:Number ofStudentsEnrolledTotalRevenueTotalCosts10$ 3,000$ 2,100154,5002,700164,8002,800206,0003,200216,3003,255The marginal cost when the twenty-first student enrolls in the school is:

To calculate the marginal cost when the 21st student enrolls, we need to find the difference in…

Answered: Play Time is a nursery school for…

SWFT Comprehensive Volume 2019

42nd Edition

ISBN:9780357233306

Author:Maloney

Publisher:Maloney

Chapter16: Accounting Periods And Methods

Section: Chapter Questions

Problem 1BCRQ

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Chilton Day School allocates marketing and administrative costs to its three schools on the basis of each school's annual tuition revenue (as a percentage of the total). Last year the allocations (000s omitted) were as follows: Tuition revenue. Marketing and administration Preschool $ 1,630 340 Cost allocation Middle School $ 1,930 390 High School $ 2,330 465 In the current year, the middle and high schools experienced no change in revenues, but the preschool's tuition revenue increased to $2.03 million. Marketing and administrative costs rose to $1,380,000. Preschool Middle School Total $ 5,890 1,195 Required: 1. Using revenue as an allocation base, how much current year cost will be allocated to the: (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amounts. Similar to the given information, omit 000s from your answer.) High School Total 0
A
Bramble Journeys Music School provides private music lessons for elementary students. Its operating costs are as follows: Rent on facilities Advertising Instrument Rent Teaching Instruction Books Other Costs (a) Bramble Journeys charges $100 per student per month. (1) ✓ Your answer is correct. Determine the company's break-even point in (1) number of students taught per month and (2) dollars. (2) (b) $1.990 per month $1,042 per month $720 per month $36 per student Show Transcribed Text $5 per student $3 per student (1) Break even in number of students taught per month (2) Break even in dollars * Your answer is incorrect. Break even in number of students taught per month Amount to charge per student Bramble Journeys has just received notice that the rent on their facilities will be increasing by $428 per month and the instrument rent will also be increasing $20 per month. (1) Determine the company's break-even point in the number of students taught per month based on the new…
Tutor, Incorporated (TI) provides instructional services to its customers. TI charges $240 per student. The Company expects to serve 700 students during the coming year. All of the Company's expenses are fixed. Total annual fixed costs are projected to be $80,000. If the estimated number of students decreases by 10%, net income will
How do I calculate the economic order quantity (EOQ) per annum? New West Secondary School purchases 700 math sets per annum. The cost of each math set is $80. Each set is sold for $100. The cost of placing a single order is $45. The holding cost is 11% of the unit purchase price.
If a daycare had 16 kids and figured the total revenue on a bi-weekly basis is $4800.00. How much would it cost per kid?
A daycare charges $46 per day per child. Fixed expenses include $126 per day for wages and $339 per day for space rental and insurance. The daycare can take in up to 15 children each day and is expected to be full. (a) To break even, what is the most that can be spent on supplies per child per day? (b) To achieve a profit of $60 per day, what is the amount that can be spent on supplies per child per day? (a) To break even, the most that can be spent on supplies is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) instructor W O Bu barna Clear all Check answer TUF GAMINE
A home gods retailer offers a sales incentive program where customers receive credit towards future purchases based on the dollar amount of their purchases today. For every $10 spent, a customer receives a $1 credit to use in the next 30 days. Based upon historical trends, the firm estimates that 35% of the credits will be redeemed. Assume the credit associated with the sales incentive program is a separate performance obligation. If during the month the company sold $40,000 of product with a cost of $22,000, what is amount of revenue allocated to product sales? Round to the nearest dollar. $29,630 $36,364 $38,647 $40,000 None of the above
What is Abado’s breakeven point in sales dollars? (Use your answer of breakeven units to calculate the breakeven point in dollars. Round Breakeven units and point in dollar to 0 decimal places, e.g. 5,275.) Abado Profiles provides testing services to school districts that wish to assess students’ reading and mathematical abilities. Last year Abado evaluated 60,000 math tests and 20,000 reading tests. An income statement for last year follows. Math Testing Reading Testing Total Per Unit Total Per Unit Total Company Sales revenue $1,200,000 $20 $720,000 $36 $1,920,000 Variable expenses 840,000 14 360,000 18 1,200,000 Contribution margin $360,000 $6 $360,000 $18 720,000 Fixed expenses 360,000 Operating income $360,000
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