Supply costs at Woodward Corporation's chain of gyms are listed E March April Client- Visits 12,855 12 283 Supply Cost $ 23,598 $23.278
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Solution:
Highest Point
Units = 13,104
Cost = $23,742
Lowest point
Units = 12,283
cost = $23,278
Step by step
Solved in 3 steps
- Print Item Question Content Area Utilization Rate Stop-N-Stay and Paradise Inn operate motels across the northwest. Operating data for each chain are as follows: Hotels Rooms per Hotel Total Rooms Stop-N-Stay 50 180 9,000 Paradise Inn 60 175 10,500 For August, each chain reported the following: Room Nights Occupied Average Daily Room Rate Stop-N-Stay 239,940 $125 Paradise Inn 292,950 $ 95 1. Determine the occupancy rate for Stop-N-Stay for August. fill in the blank 1 % 2. Determine the occupancy rate for Paradise Inn for August. fill in the blank 2 % 3. Determine the total room revenue for each chain for August. Stop-N-Stay $fill in the blank 3 Paradise Inn $fill in the blank 4 4. Compare and comment on the operating results for each chain. a higher occupancy rate. has a higher average daily room rate. higher daily room rate offsets the effects of the lower occupancy ratePricing: meteor model retails for 840€, Moonlight Model retails 1485€ The company incurs overheads which total €1200.000. Α total of 15000€ direct labour hours are worked. Department cost center Buliding rent 50.000 utilities 50.000 machining 600.000 Procurement 150.000 Sales 150.000 General Management 200.000 Total 1.200.000 Cost center Machining Finishing Administration Floor Area 1.500 sq.m 1.500 sq.m 2.000 sq.m Machine Hours 25.000 hours 5.000 hours Direct Labour Hours 5000 hours 10.000 hours Each unit of Meteor was machined for 10 hours in Machining and 1 hour in Finishing. Each unit of the Moonlight was machined for 2 hours in Machining and 1 hour in Finishing. Calculate the full cost for each bicycle model (e.g. Meteor and Moonlight) based on: a. Plant-wide (single or blanket) overhead rates b. Department cost centre rates (where overhead absorption rates are based on an overhead analysis sheet) c. Activity-based costing (ABC)Deliveries to the retailers Sh.so 2,400,000 Set-up costs 6,000,000 Purchase order costs 3,600,000 Total overheads 12,000,000 All director labor is paid at $ 5 per hour. The company holds no inventories. Required: a. Calculate the total profit on each of General Motor's three types of products using each of the following methods: 1. The existing method based upon labor hours 2. Activity based costing
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- Fantastic29 Cleapers owns and operates a large automatic laundry facility in Winchester. The company expects to process 8,100 loads of laundry in June and to collect an average of $6.20 per load processed. The following table provides data concerning the company's costs: Cost per Load of Laundry $ 0.60 $ 0.15 $ 0.40 $0.08 Detergents and Softeners. Equipment Maintenance Staff Compensation $ 4,300 $ 1,200 $ 8,100 $ 2,000 Administrative Expenses $1,500 $ 0.04 For example, utilities costs are $1,200 per month plus $0.08 per load of laundry. Utilities Equipment Depreciation Facility Lease The actual operating results for June are as follows: Fantastic29 Cleaners Income Statement For the Month Ended June 30 Actual loads processed Revenue Expenses: Fixed Cost per Month Detergents and Softeners Equipment Maintenance Staff Compensation Utilities Equipment Depreciation ( Facility Lease Administrative Expenses Total expense Net operating income 8,200 $ 52,320 5,360 1,455 7,900 1,018 8,100 2,200…20. Andrew, marketing clerk for Shine Agency, recorded the following information for last year: Month Number of Customers Customer Service Costs January 356 $ 527,233 February 417 544,335 March 338 482,655 April 526 668,050 May 400 530,500 June 457 656,910 July 366 543,770 August 495 680,400 September 345 487,230 October 531 712,325 November 443 629,030 December 415 542,000 He would like to be able to estimate customer service costs using the number of customers as the basis for estimation. However, because he has never taken a course in managerial accounting, he does not know how to set up a cost equation. He has therefore approached you for help. Required: 1. Set up a cost equation for monthly customer service costs using the high–low method.Kindly help and not handwritten
- Using the information below from Verdi Diagnostic Services, what is the formula for the total costs of X-rays? March April May X-Rays Taken X-ray Costs $13,500 $10,000 $7,500 7,000 5,000 3,000 O Total cost = $13,500+ ($0.57 x number of X-rays) B U O Total cost $1.75 + ($1,250x number of X-rays) O Total cost = $3,000 + ($1.50x number of X-rays) O Total cost = $2,000+ ($2.00 x number of X-rays)EXERCISE Gabriel Auto produces and sells an auto part for P30.00 per unit. In 2021, 100,000 parts were produced and 75,000 units were sold. Other information for the year are as follows: BUSINESS AD 5 1986 ATION Direct Materials cost/unit Direct Manufacturing Labor cost/unit Variable Manufacturing Costs/unit Sales Commissions/unit Fixed Manufacturing Costs (per year) Fixed Administrative Expenses (per year) Php 12.00 2.25 0.75 3.00 375,000.00 135,000.00 What is the Inventoriable cost/unit using Absorption Costing What is the Inventoriable cost/unit using Variable Costing THE PREMIER BUSINESS SCHOOL OF THE SOUTHSupply costs at Coulthard Corporation's chain of gyms are listed below: Client-Visits Supply Cost March 12,855 $ 23,598 April 12,283 $ 23,278 May 13,104 $ 23,742 June 12,850 $ 23,607 July 12,493 $ 23,415 August 12,794 $ 23,562 September 12,686 $ 23,496 October 12,765 $ 23,541 November 13,018 $ 23,687 Management believes that supply cost is a mixed cost that depends on client-visits. Use the high-low method to estimate the variable and fixed components of this cost. Compute the variable component first, rounding off to the nearest whole cent. Then compute the fixed component, rounding off to the nearest whole dollar. Those estimates are closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $1.85 per client-visit; $23,547 per month $1.77 per client-visit; $557 per month $0.57 per client-visit; $16,273 per month $0.55 per client-visit; $16,579 per month