Chapter 10, Problem 24P

Mountain Peaks Resort charges $120 per person for a day pass. Variable costs are $48 per visitor, and fixed costs total $432,000 per month. a. Calculate Mountain Peaks Resort's contribution margin ratio. b. Using the contribution margin ratio approach, determine the sales revenue needed for Mountain Peaks Resort to break even.

What is the amount of receiving costs?

Eagle Parts Co. uses direct labor hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor hours were 13,000 hours, and the total estimated manufacturing overhead was $315,000. At the end of the year, actual direct labor hours were 12,600 hours, and actual manufacturing overhead was $309,000. Find overhead at the end of the year.