Silver Lake Storage rents units monthly. April occupancy: small units 25 at $85 each, medium units 15 at $120 each. Determine the monthly rental revenue.
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- An automobile dealership offers a car with $0 down payment, $0 first month's payment, and $0 due at signing. The monthly payment, starting at the end of month two, is $433 and there are a total of 36 payments. Assume that the APR is 10% compounded monthly. Find the negotiated sales prices.The monthly electricity bill for Company XYZ comprises of two components: a flat subscription fee of $450 per month and constant rate per kilo watt of $18. Assume that Company XYZ consumed 500 kilo watts during the month of December, how much the total electricity bill, in ($) value, for the month of December would be? Select one: O a. 950 O b. 500 O c. 9,450 O d. 9,000 O e. None of the given answersA store charges 2% per month to its customers.find the effective annual rate.
- A retail tenant is in 3,575 rentable square feet. Their base rent is $15.95/sf and they pay percentage rent equal to 3.5% of sales over the natural breakpoint. What amount of sales per square foot is the natural breakpoint?The Inn charges a room rate of $180 per night. The variable costs per room are estimatedto be $60 per night. Fixed costs for a month are as follows:Property taxes $ 550Insurance 320Salaries 4,250Depreciation 880Total fixed costs $ 6,0001. Using the information above, calculate the number of rooms necessary to be rented each month in order for the Inn to break even.2. Calculate the contribution margin ratio of renting a room. (XX.X) 3. What is the Inn's breakeven point in monthly revenue?4. If the Inn wanted to earn a monthly net income of $6,600, how many rooms would it have to rent each month?5. If the Inn rents 80 rooms this month, what is its safety margin…in rooms?in revenue?as a percentage of revenue? (XX.X)6. The Inn is facing some cost increases. As it looks right now, in a few months variable costs will increase by $5 per room, property taxes will increase by 2%. Insurance will be obtained from a new carrier and will be reduced by $31 per month. Salary increases will be…A hotel having 100 rooms of which 80% are normally occupied in summer and 25% in winter. Period of summer and winter be taken as 6 months each and normal days in a month be assumed to be 30. Then, what is the value of total occupied room days?
- The monthly electricity bill for Company XYZ comprises of two components: a flat subscription fee of $300 per month and constant rate per kilo watt of $12. Assume that Company XYZ consumed 500 kilo watts during the month of December, how much the total electricity bill, in ($) value, for the month of December would be? Select one: O a. 6,300 O b. 800 O c. None of the given answers O d. 6,000 O e. 500 Next page W TnA local distributor for a national tire company expects to sell approximately 9,600 steel-belted radial tires of a certain size and tread design next year. Annual carrying costs are $16 per tire, and ordering costs are $75. The distributor operates 288 days a year. Determine the EOQ How many times per year does the store reorder? Determine the length of an order cycleSuppose a company finds that shipping cost is 3,560 each month plus 6.70 per package shipped. What is the cost formula for monthly shipping cost? Identify the independent variable, the dependent variable, the fixed cost per month, and the variable rate.
- 1. Prepare the company's contribution margin income statement for the month of April. Round all figures to the nearest dollar. 2. Assume that passenger volume increases by 12% in May. Which figures on the income statement would you expect to change, and by what percentage would they change? Which figures would remain the same as in April?Assume that RAS AMBA Hotel has annual fixed costs applicable to its operation of $182,500 for its 60 rooms motel,daily room rent income of $ 150,and variable costs of $ 50 for each room rented.It operates 365 days a year.Required :- 1. Operating income on rooms wii be generated ,if the motel is fully occupied throughout an entire year and if the motel is half full during a year? 2.what is the breakeven point in number of rooms rented assuming that the motel is fully occupied throughout the year.Donaldson Bed and Breakfast has six available rooms to rent to tourists visiting Niagara Falls. Guests enjoy a comfortably appointed room with an attached bathroom and the owners provide a hearty breakfast each morning. The owners have calculated that their typical occupancy rate is 80% per month. The cost to rent each room is $65 per occupied room per day assuming a 30-day month. Some of this cost is fixed and some variable. During the month of June, the occupancy rate went down to 60% and the total cost to operate that month was $7, 650. Required: 1. Using the high-low method, estimate the variable and fixed cost elements of the bed and breakfast's operation in a typical month. Note: Do not round your intermediate calculations. Round the "Variable cost per room" to 2 decimal places. Average # room nights rented per month Total Monthly Cost High level of activity Low level of activity Change Variable cost per room Fixed cost per year 2. Express the variable and fixed costs in the form…
