Vessel operating costs Advertising Fixed Cost per Cost per Cost per Month Cruise $ 6,800 $ 476.00 $ 3,000 Passenger $ 3.50 Administrative costs Insurance $ 5,800 $ 33.00 $ 3,500 $ 1.50 For example, vessel operating costs should be $6,800 per month plus $476.00 per cruise plus $3.50 per passenger. The company's sales should average $32.00 per passenger. In July, the company provided 55 cruises for a total of 3,050 passengers. Required: Prepare the company's flexible budget for July. Alyeski Tours Flexible Budget For the Month Ended July 31 Actual cruises Actual passengers Revenue Expenses: Vessel operating costs Advertising Administrative costs Insurance Total expense Net operating income $ 0
Vessel operating costs Advertising Fixed Cost per Cost per Cost per Month Cruise $ 6,800 $ 476.00 $ 3,000 Passenger $ 3.50 Administrative costs Insurance $ 5,800 $ 33.00 $ 3,500 $ 1.50 For example, vessel operating costs should be $6,800 per month plus $476.00 per cruise plus $3.50 per passenger. The company's sales should average $32.00 per passenger. In July, the company provided 55 cruises for a total of 3,050 passengers. Required: Prepare the company's flexible budget for July. Alyeski Tours Flexible Budget For the Month Ended July 31 Actual cruises Actual passengers Revenue Expenses: Vessel operating costs Advertising Administrative costs Insurance Total expense Net operating income $ 0
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter11: Differential Analysis And Product Pricing
Section: Chapter Questions
Problem 4MAD
Related questions
Question
Munabhai
![Vessel operating costs
Advertising
Administrative costs
Insurance
Month
Fixed
Cost per Cost per Cost per
Cruise Passenger
$ 6,800 $ 476.00
$ 3,000
$ 3.50
$ 5,800 $ 33.00
$ 3,500
$ 1.50
For example, vessel operating costs should be $6,800 per month plus $476.00 per cruise plus $3.50 per passenger. The company's
sales should average $32.00 per passenger. In July, the company provided 55 cruises for a total of 3,050 passengers.
Required:
Prepare the company's flexible budget for July.
Alyeski Tours
Flexible Budget
For the Month Ended July 31
Actual cruises
Actual passengers
Revenue
Expenses:
Vessel operating costs
Advertising
Administrative costs
Insurance
Total expense
0
Net operating income
$
0](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2918153e-3606-414e-b88e-b539d7e9775e%2Fe8cdea4b-345a-499c-bee7-e31f6c45a8fd%2F22v04ad_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Vessel operating costs
Advertising
Administrative costs
Insurance
Month
Fixed
Cost per Cost per Cost per
Cruise Passenger
$ 6,800 $ 476.00
$ 3,000
$ 3.50
$ 5,800 $ 33.00
$ 3,500
$ 1.50
For example, vessel operating costs should be $6,800 per month plus $476.00 per cruise plus $3.50 per passenger. The company's
sales should average $32.00 per passenger. In July, the company provided 55 cruises for a total of 3,050 passengers.
Required:
Prepare the company's flexible budget for July.
Alyeski Tours
Flexible Budget
For the Month Ended July 31
Actual cruises
Actual passengers
Revenue
Expenses:
Vessel operating costs
Advertising
Administrative costs
Insurance
Total expense
0
Net operating income
$
0
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