Question 5 (Wed week 1) (a) Sammy Plc organises trade fairs. The manager has decided to arrange a fair a new venue. There are two possible venues and she has asked you to advise on best course of action. The company will incur promotional and travel expenses £30,000 if the fair is organised. The details of the in-country costs of the two possib venues are:- Venue 1 Rental of facilities Cost of providing refreshments and publicity materials Estimated number of people who will pay £3.50 a visit Venue 2 Rental of facilities Cost of providing refreshments and publicity materials Estimated number of people who will pay £3.00 a visit Required: (i) £120,000 £1 per visitor 120,000 people £80,000 £1 per visitor 100,000 people How many visitors must be attracted to each venue if the company is to make a profit of £20,000 by organising this fair? fair of

Question 5 (Wed week 1) (a) Sammy Plc organises trade fairs. The manager has decided to arrange a fair a new venue. There are two possible venues and she has asked you to advise on best course of action. The company will incur promotional and travel expenses £30,000 if the fair is organised. The details of the in-country costs of the two possib venues are:- Venue 1 Rental of facilities Cost of providing refreshments and publicity materials Estimated number of people who will pay £3.50 a visit Venue 2 Rental of facilities Cost of providing refreshments and publicity materials Estimated number of people who will pay £3.00 a visit Required: (i) £120,000 £1 per visitor 120,000 people £80,000 £1 per visitor 100,000 people How many visitors must be attracted to each venue if the company is to make a profit of £20,000 by organising this fair? fair of

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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Question 2 Please assist on sub-part c, d in details.
eBook Show Me How Print Item Decision on Accepting Additional Business Brightstone Tire and Rubber Company has capacity to produce 170,000 tires. Brightstone presently produces and sells 130,000 tires for the North American market at a price of $106 per tire. Brightstone is evaluating a special order from a European automobile company, Euro Motors. Euro is offering to buy 20,000 tires for $88.6 per tire. Brightstone's accounting system indicates that the total cost per tire is as follows: Direct materials $40 Direct labor 15 Factory overhead (70% variable) 24 Selling and administrative expenses (40% variable) 21 Total $100 Brightstone pays a selling commission equal to 5% of the selling price on North American orders, which is included in the variable portion of the selling and administrative expenses. However, this special order would not have a sales commission. If the order was accepted, the tires would be shipped overseas for an additional shipping cost of $6 per…
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Compute for the total cost per month using costing labor cost by the given data Compute for the percentage weight of the monetary benefit, non monetary benefit, and deferred monetary benefit Compute for the percentage of cost relevant to the sales of total labor cost, given that there are 40 employees in the company and the revenue of the company is 2,500,000 monthly.
2-32 Total costs and unit costs, service setting. The Big Event (TBE) recently started a business organiz- ing food and music at weddings and other large events. In order to better understand the profitability of the business, the owner has asked you for an analysis of costs-what costs are fixed, what costs are variable, and so on, for each event. You have the following cost information: Music costs: £10,000 per event Catering costs: Food: £65 per guest Setup/cleanup: £15 per guest Fixed fee: £4,000 per event MA EMR3T 1200 OT MOITO AS ghits notnavni seibnerbre phiqgina 291utxit a1012 no noiteibeiged ISOS I young 219m0Jau of elado TBE has allowed the caterer, who is also new in business, to place business cards on each table as a form of advertising. This has proved quite effective, and the caterer gives TBE a discount of £5 per guest in exchange for allowing the caterer to advertise. 290nswolle bns amuten 1. Draw a graph depicting fixed costs, variable costs, and total costs for each…
10. Question Content Area Special-Order Decision, Services, Qualitative Aspects Jason Rogers works full-time for UPS and runs a lawn-mowing service part-time after work during the warm months of April through October. Jason has two men working with him, each of whom is paid $6.00 per lawn mowing. Jason has 25 residential customers who contract with him for once-weekly lawn mowing during the months of May through September, and twice-per-month mowings during April and October. On average, Jason charges $42 per lawn mowed. Recently, LStar Property Management Services asked Jason to mow the lawn at each of its 29 rental houses every two weeks during the months of May through September. LStar has offered to pay $29 per lawn mowing, and would forego the lawn edging that normally takes Jason’s team about half of its regular mowing time. If Jason accepts the job, he can assign a one-man team to mow the rental house yards, and will have to buy an additional power lawn mower for about $370…
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Organic Laboratories allocates research and development costs to its three research facilities based on each facility's total annual revenue from new product developments: Total Facility locatión Kentucky Arizona Illinois New product $ 62,587,200 $ 100,360,000 $ 77,772,800 $ 240,720,000 revenue Research & $ 60,360,000 Development Using revenue as an allocation base, the amount of costs allocated to the Kentucky research facility is calculated to be: Multiple Choice $24,072,000. $15,693,600. $244,504,000. $9,018,000. $18,036,000.
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question 23 A company has purchased a car, to be provided to an employee as a company car. The list price is £27,000 and factory fitted accessones cost an extra £3,000 They negotiate a discount and actually pay £25.000 What cost is used when computing a car benefit? ⒸA.£30,000 OB.£25,000 OC.£27,000 00.124,600 monse