Question 3 The Aldorf Wastoria. The Financial Manager of Aldorf Wastoria has prepared the following flexed budget for 2023. The Aldorf is a large hotel, which can provide up to a maximum of 22,000 guest nights per year. No of Guests Direct Costs Selling overhead Administration overhead Total Cost 15,400 £ Capacity 17,600 £ 231,000 264,000 1,318,800 1,338,600 900,000 900,000 2,449,800 19,800 £ 297,000 1,358,400 900,000 2,502,600 2,555,400 Due to the recent poor weather, the Sales Manager has suggested that 15,000 guests is a more realistic target for 2023. Based on this, what are the expected total costs for 2023?

Q: ow to do a P&L statement

A: A profit & loss statement shows the organization's revenue, expenses, and its profit for a…

Q: Draw ALL products of the following NH + H2O -->

A: Approach to solving the question: Detailed explanation: Examples: Key references:

Q: Which of the following orders allows for partial execution?

A: FOK (Fill or Kill Order): This type of order allows being executed immediately at the specified…

Q: Define T- account.

A: Transaction:   It is an economic event that is recorded in the accounting system of an organisation.…

Q: When are data in 3NF?

A:

Q: What is the meaning of V MFG Ohs, V S&A Ohs, F MFG Ohs snd F S&A Ohs on the chat answer

A: V MFG Ohs, V S&A Ohs, F MFG Ohs and F S&A Ohs, these are the short form some of the titles…

Q: How to calculate PMT,  P/Y and C/Y

A: As per the given information: The time value of money concept states that earlier receipts are more…

Q: How about the Question 3

A: The present value of growth opportunity is defined as the value of stock attributed to the earnings…

Q: What would the entry be for the letter H.?

A:

Q: All of problems 3

A:

Q: Topic is Interests If A(t) = 100(1.1)t  Find: a. i5 b. i10 Show complete solution with explanatio

A:

Q: Activity F stomer Service

A: 1) S. Inc Activity rate = Total activity cost ÷ Activity Base Customer Service = $29,190 ÷ 210 =…

Q: Define direct quote

A: A direct quote can be computed using the following formula: Direct quote=1Indirect quote

Master Budget

A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making. 

Sales Budget and Selling

A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.