he Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year. An occupancy-day represents a room rented for one day. The hotel’s business is highly seasonal, with peaks occurring during the ski season and in the summer. Month Occupancy-Days Electrical Costs January 3,240 $ 8,622 February 3,060 $ 8,228 March 1,150 $ 3,910 April 2,260 $ 7,684 May 4,310 $ 10,984 June 1,270 $ 4,318 July 3,410 $ 9,418 August 640 $ 2,176 September 1,310 $ 4,454 October 3,760 $ 9,738 November 1,330 $ 4,522 December 2,570 $ 7,868 Required: 1. Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy-day. (Do not round your intermediate calculations. Round your Variable cost answer to 2 decimal places and Fixed cost element answer to nearest whole dollar amount.)

Answers

Answer 1

Answer:

Fixed costs= $640

Variable cost per unit= $2.4

Explanation:

Giving the following information:

Month Occupancy-Days Electrical Costs

January 3,240 $ 8,622

February 3,060 $ 8,228

March 1,150 $ 3,910

April 2,260 $ 7,684

May 4,310 $ 10,984

June 1,270 $ 4,318

July 3,410 $ 9,418

August 640 $ 2,176

September 1,310 $ 4,454

October 3,760 $ 9,738

November 1,330 $ 4,522

December 2,570 $ 7,868

To calculate the unitary variable cost and the fixed cost under the high-low method, we need to use the following formulas:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (10,984 - 2,176) / (4,310 - 640)

Variable cost per unit= $2.4

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 10,984 - (2.4*4,310)

Fixed costs= $640

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 2,176 - (2.4*640)

Fixed costs= $640


Related Questions

Which emotion is an employee most likely to communicate to a customer on the telephone if the employee begins to talk more quickly and loudly in response to the customer's questions? o encouragement O satisfaction O impatience O clarity ​

Answers

Answer:

Impatience

Explanation:

The employee speaking faster is telling the customer that they are in a hurry.

if the employee begins to talk more quickly and loudly in response to the customer's questions It will make customer feel impatience . Hence option C is correct .

What is Impatience talk ?

It is impatience because this feeling exhibits signs like speaking loudly and fast to convey that your message is obvious but also that you are weary of discussing anything at the same time.

When someone is impatient, they lose patience and start speaking quickly to finish anything they first feel they have repeated or that they just don't want to say.

How to talk with your Customer ?

You must always keep a professional attitude and manner when dealing with clients. Not just what you say, but also how you say it and how you carry yourself are part of this. Without the appropriate subtlety and business etiquette, communicating with a client could result in your firm losing business. discovering

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The operating expense ratio, depreciation expense ratio, interest expense ratio, and the net farm income from operations ratio will always add up to 50%. True or False?

Answers

Answer:

false

Explanation:

what is business?????????????​

Answers

A business is defined as an organisation or enterprising entity engaged in commercial, industrial,or professional activities.

A business is a owned and operated company. Examples of businesses are, Amazon, Walmart, and Coca-Cola. There’s actually more but, I won’t list all of them cause you probably get the point by now.

_____ _____ is a way to see if your product is meeting the needs of your customers. Fill in the blanks.

Answers

Answer: Solicit feedback

Explanation:

To know whether your customer is satisfied with the product or services by you, you need to reach them via internet , call support, or direct approach.A solicit feedback is the general way to check on the needs of your customer and get you updated about the structure, functioning and condition of your product or service.

Hence, the complete statement :

Solicit feedback is a way to see if your product is meeting the needs of your customers. Fill in the blanks.

Assume that you are the sales manager of a soap-manufacturing company. Your supervisor has asked you to present the sales data of the various products for last quarter. You have to communicate information about the sales turnover in different zones. Which business documents will you prepare for this task and what guidelines will you follow?

Answers

Answer:

Sales data mostly contains monthly figures and will be best represented in a tabular form. I will use a word processor to create a table and enter the data corresponding to each month. To show the sales figures in different zones, I will use a bar graph. The bars in the graph will allow the audience to visualize the difference in sales figures in the different zones.

While creating the word document, I will keep the following in mind:

The report should precisely communicate only sales information.

The report should be short and brief, but also contain all the necessary information.

The report should be directed at a particular set of team members.

The report should contain visual aids to help explain the statistics.

Explanation:

plato/edmentum's sample answer

drop the name of a person you want a follow back from on Instagram .

drop names and keep it going of the person of your choice and you get a follow back at the strike of midnight .

Answers

Answer:

addison rae lol because i need a bad bleep hahaha

Explanation:

Answer:

cardi b because I want to know how to get the Wap lol

Nasty Break-Up. Harold wants to purchase a lot next door to Sarah's home that is owned by Sarah. Harold knows Sarah will not sell the lot to him because they dated in the past and had a nasty break-up. Harold agrees with Alice that Alice will purchase the lot from Sarah for him. Alice and Sarah reach an agreement and enter into a contract whereby Sarah is to sell the lot to Alice for a price within the scope of Alice's authority. Alice tells Sarah nothing about her plan to later transfer the lot to Harold. Before title to the lot is transferred to Alice, Harold tells Alice that he no longer wants the lot. Alice tells Sarah about Harold. Sarah tells Alice that as far as she is concerned, Alice has bought the lot. Sarah says that she plans to move anyway and really does not care whether Alice or Harold ends up with the lot. She just wants her money. What type of principal is Harold?

Answers

Answer:

Harold should be considered an undisclosed principal.

Explanation:

Basically Alice hid Harold's identity from Sarah, and she negotiated the purchase of the lot pretending to be the principal herself. Sarah was convinced that Alice was purchasing the lot for herself and not on behalf of someone else.

In this case, Alice is in trouble because she is personally bound on the contract with Sarah, and she doesn't seem to want the lot.

Your neighborhood is getting ready for its annual block party! Jack and Regina are in charge of bringing/supplying food beverages. Jack is going to make rainbow sherbert punch by mixing ginger ale and cranberry juice. Regina will then float a quart of rainbow sherbert on top. Ginger ale costs $2 per gallon, and cranberry juice costs $5 per gallon. The neighborhood has budgeted $120 for the ginger ale and juice. What are the different amounts of ginger ale and juice that Jack and Regina can buy with $120 and have no money left over?

Answers

Answer and Explanation:

1. What are the different amounts of ginger ale and juice that Jack and Regina can buy with $120 and have no money left over

To find this we use the equation in question 3, we first make am unknown say y the subject of the formula:

Y= 2/5x+24

If x = 10

Y= -2/5*10+24=20

Therefore 10 gallons of ginger ale and 20 gallons of cranberry juice will exhaust the $120 completely with nothing left

2. The variables are gallons of ginger ale and gallons of cranberry juice, represented x and y respectively

3. Given that each gallon of ginger ale costs $2 and each gallon of cranberry juice costs $5 and budget is $120, the equation to represent this would be 2x +5x=120

4. To find x, y intercept we plug 0 into the equation in the first answer, example if x =0

Y=-2/5*0+24=24 cranberry gallons only and not more than with current budget of $120

If y=0,x=

0=-2/5x+24=60 ginger ale gallons and not more than with the budget

I need advice on Commission prices...so far, I have come up with this:
Shoulders&up = $5, Hips&up = $7, Full body = $10
Line Art = see above prices, Black&White = +$3, Colored = +$5
Pet = +$1, Mounted = +$3, Background = +$5
Is this good? Am I over/underpricing my work? Am I just wasting my time and hopes on this?

Answers

Answer:

It's good

Explanation:

Don't put yourself down you're not wasting your hopes or time. You're doing what you like doing and that's what counts

who uses financial institutions? ​

Answers

Answer:Financial institutions encompass a broad range of business operations within the financial services sector including banks, trust companies, insurance companies, brokerage firms, and investment dealers. Financial institutions can vary by size, scope, and geography

Explanation:

Answer:

The answer is: comercial banks, investment banks, brokerage firms, insurance companies, and asset management.

A personal identification number(PIN) is used to protect: A checks B deposit slips C debit cards D check registers

Answers

Answer:

If there is an all of the above option click that but if not hit D: Check registers

Hope this helps!

f your own idea,why does a business exist.?​

Answers

If F my own idea, why do Businesses exist? to get that paperrrrr

Don't take this seriously, this is a joke.

The FHA was designed to pay off mortgage insurance for homes that were going into foreclosure.
True
False

Answers

Answer:

TRUE FHA meaning federal housing administration

Mr. and Mrs. Smith, an elderly couple, had no relatives. When Mrs. Smith became ill, the Smiths asked a friend, Henrietta, to help with various housekeeping chores, including cleaning and cooking. Although the Smiths never promised to pay her, Henrietta performed the chores for eighteen months. Henrietta now claims that she is entitled to the reasonable value of the services performed. Is she correct? Explain.

Answers

Answer:

No

Explanation:

In this specific scenario, Henrietta is not correct in her claim. This is because even though she did all the work and may have proof of doing so, the Smiths never mentioned any form of payment at any time. Since this is the case, Henrietta should not have had any reason to expect payment. For Henrietta to have a claim, the Smiths would have had to create a payment contract and Henrietta would have had to agree. Even a verbal agreement of payment with an actual dollar value would have helped Henrietta make a valid claim.


Which of the following is a reason that your company might not want to increase its market share?
A.
The market saturation for your product is low.
B.
Many of your company's competitors have bad reputations.
C.
Your company has a limited capacity for producing your product.
D.
The price of your product is very competitive.

Answers

Answer:

C: Your company has a limited capacity for producing your product.

Explanation:

hope this helps!

How do office assistants show enthusiasm?

Answers

Answer:

I think things you can do to show enthusiasm are:

1. showing in your work (even if it is not your favorite)

2. Think on the bright side.

3. Smile, sit up straight, make eye contact with co-workers, and talk in a upbeat manner.

Hope this helps!!!

Theodore and James have formed TJ Soft, an entrepreneurial venture to develop games and other kinds of software for consumers. Their company, which includes TJ Soft stores, is looking for opportunities in the future that include international operations. A foreign company wants to be able to copy and manufacture TJ Soft programs and sell them in its stores. What would be an appropriate approach for them to use?

Answers

Answer: Foreign Subsidiary

Explanation:

A foreign subsidiary is a company which operations overseas is part of a larger corporation with headquarters in another country, they are often referred to as a parent company or a holding company.

in this case the foreign company looking to sell TJ soft products would approach them as a foreign subsidiary of TJ, so they can be licensed to sell and market TJ soft products overseas.

All of the following are examples of secondary types of data except:
A. U.S. Census data
B. Consumer Reports
C. test market
D. Rotten Tomatoes (movie reviews)

Answers

C. Test market might be the answer

There are no viruses that specifically target mobile phones or tablets?

Answers

Answer:

no not really in my opinion

Answer:

Yes, there ARE viruses that target mobile and tablet devices.

Explanation:

There's a virus that spams apps on your phone, crashing it.

This is basically a virus, since it harms the device.

The executives at Dizzy & Sons Corp. are developing strategic plans to address plausible future situations like rise in the prices of cotton and synthetic fabrics by 20 percent, appreciation in the value of the dollar, increase in the cost of labor by 30 percent, and increase in demand for the company’s products. By doing so, the company will be well prepared with its planned responses if any of these situations occurs in the future. Thus, Dizzy & Sons Corp. is employing ________ as the approach to the development of strategy.

Answers

Answer:

scenario planning strategy

Explanation:

In simple words, Scenario planning helps to identify your essential uncertainty and to establish realistic situations in attempt to address the implications as well as the answers to be provided to every one of those. If you know what might also happen, you're more able to live with whatever is going to occur. One approach to build potential events is to identify and determine patterns that are more likely to emerge and which are more relevant to the progress of the enterprise.

wazzi is a national clothing store chain that sells clothing to all age groups. The CEO wants to make the most of the company's advertising dollars, and feels that increasing Swazzi's investment in online advertising would provide better value. In the past, Swazzi has contracted with an outside marketing firm to place banner ads. However, Swazzi has not analyzed the data to determine whether the ads were effective.As marketing director, your job is to analyze the available data, make recommendations, and then evaluate again after your recommendations have been applied.

Answers

Incomplete question. The remaining part of the question reads;

Your first task is to analyze the existing sales data and decide how to make the most of your online advertising budget. The chart displays the cost and revenue generated by three different online ad campaigns.

Which of the following campaigns is producing the highest revenue per dollar spent?You realize that there may be another way of measuring the success of the current campaigns. Taking another look at this chart, which campaign is generating the highest number of clicks per dollar spent?

Answer:

Campaign ACampaign C

Explanation:

1. Based on the details provided it could be observed that campaign A is generating the most revenue per dollar spent because after dividing the revenue generated by the cost ($12000/$1250 =$9.6) we notice it is the highest revenue per dollar spent.

2. In terms of which is generating the highest number of clicks per dollar spent, Campaign C appears to be best in this regard. Consider, $1750 was spent on campaign C and it was able to generate 2000 clicks; which means that there were about 1.14 clicks per dollar spent, making it the highest amount.

Note that common work styles are listed toward the top, and less common work styles are listed toward the bottom. According to O*NET, what are common work styles needed by Nursery and Greenhouse Managers? Check all that apply. leadership dependability investigative analytical thinking initiative self control automated preventative

Answers

The common work styles required by the Managers of Nursery and Greenhouse are as follows:

DependabilityLeadership skillsAnalytical thinkingSelf-controlInitiative

What are work styles?

Work styles are the ways in which how a professional organizes his/her tasks and responsibilities in the workplace.

The work styles which are applied to the Nursery and Greenhouse managers are:

Dependability is where a manager is accountable and dependable for fulfilling the roles and responsibilities assigned to them.Leadership is the act of leading a team or the subordinates by guiding or directing them.Analytical thinking is to critically analyze a problem and provide a logical measure to deal with it.Self-control is the act of being calm and composed as well as regulating aggressiveness while working as a manager.The initiative is the act of taking accountability to manage the working people.

Therefore, the work styles are given above in respect of managers of Greenhouse and Nursery.

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Answer:

A B D E F or 1 2 4 5 6

Explanation:

Use this formula to help solve the problem. break-even point = P+V*Q+F=S*Q
Assume that at one point a business sells cameras for a price of $20 each, which cost $10 to produce (variable costs). The business's fixed expenses for the period are $2,000. What is the break-even point?
A). 400 units
B).100 units
C). 300 units
D). 200 units
Entrepreneurship PLZ HELP

Answers

Answer:

D). 200 units

Explanation:

As per contribution margin concepts, the break-even point is calculated using the formula.

Break-even point =  fixed costs/Contribution margin per unit.

fixed cost is $2,000

Contribution margin per unit = sales price-variable costs

= $20- $10 = $10

Break-even point = $2000/10

=200 units

Answer:

200 Units was correct on my test (Edge)

Explanation:

Suppose there is a single restaurant in a small town facing the demand function Upper P equals 13 minus 0.10 times Upper Q. ​Further, suppose the marginal cost of providing a meal is constant at​ $3. Given the above​ information: ​1) Use the line drawing tool to draw the demand line. Properly label this line. ​2) Use the line drawing tool to draw the corresponding marginal revenue line. Properly label this line. ​3) Use the line drawing tool to draw the marginal cost. Properly label this line. ​4) Use the point drawing tool to identify the​ profit-maximizing price and quantity. Label this point​ 'a'. ​Note: if you​ aren't prompted for​ labels, then you are using the wrong tool. The​ profit-maximizing quantity is nothing and the​ profit-maximizing price is ​$ nothing. ​(Enter your responses as​ integers.)

Answers

Answer handwritten below

The quantity that will maximize profits is 50, and the price that will do so is $8.

What is meant by profit maximization?

Profit maximization is a process that companies go through to guarantee that the best output and pricing levels are obtained in order to maximize their returns. In order to achieve its profit objectives, the company adjusts important variables including sale price, production costs, and output levels.

Given:

Demand function, P = 13 - 0.10Q

Marginal cost (MC) = $3

Required To find: Profit-maximizing price and quantity

We know that the profit-maximizing quantity can be found by equating marginal cost to marginal revenue (MR). And, the profit-maximizing price can be found by substituting the quantity in the demand function.

First, let's find the MR function. We know that MR = ΔTR/ΔQ, where TR is the total revenue.

TR = P * Q

Differentiating TR w.r.t Q, we get

MR = d(TR)/d(Q) = P + Q * d(P)/d(Q)

Given demand function, P = 13 - 0.10Q

d(P)/d(Q) = -0.10

So, MR = P + Q * d(P)/d(Q)

= (13 - 0.10Q) - 0.10Q

= 13 - 0.20Q

Now, equating MR to MC, we get

13 - 0.20Q = 3

0.20Q = 10

Q = 50

So, the profit-maximizing quantity is 50.

Substituting Q = 50 in the demand function, we get

P = 13 - 0.10(50) = $8

Therefore, the profit-maximizing price is $8 and the profit-maximizing quantity is 50.

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Scenario 1
For years, a small country has been plagued with annual measles epidemics. Its government works with
scientists from around the world to distribute a vaccine to the vast majority of citizens in all parts of the nation.
Within a few months, workers return to their jobs and children return to school.
Scenario 2
In a neighboring country, most girls have attended school on a regular basis until the age of 12. The recently
elected president, however, has just announced his intention to increase the age of mandatory schooling for girls
to 16. As a result, a major foreign electronics producer announces its intention to open a factory in the country
within five years.
How have these two governments used investment in human capital to increase economic growth in their countries?

Answers

Answer:

The first country invested in health care. It eradicated an epidemic that was weakening its present and future workforce. Its investment was successful because it made people productive again. The second country recognized the potential for productivity in young girls. By taking steps to train and educate them, the government made them eligible for quality employment. The second country’s investment was successful because it strengthened its workforce and attracted foreign investment.

Explanation: sample answer

Answer:

The first country to make a health care investment. It eliminated a disease that was harming its workers both now and in the future. Its investment was successful because it restored productivity among its beneficiaries. The second counntry acknowledged young girls' potential for productivity. The government prepared and educated them in order to give them access to high-caliber employment. The investment in the second country was successful because it boosted its workforce and attracted outside the capital.

Explanation:

Edmentum Sample answer but worded differently :)

The prosecutor replies that the Bill of Rights does not protect you from state actions. Is the prosecutor correct? Why or why not

Answers

Answer:

I would say no, because the bill of rights refers to ALL Americans. I might be wrong tho.

2. Which of the following is NOT considered as a characteristic of an entrepreneur?
a. Copes with failure
c. Persistent
b. Dependent
d. Opportunity seeker

Answers

Answer:

Dependent

Explanation:

Analyzing the given options one after the other.

- Cope with failure: As an entrepreneur, one should be able to cope with failure. One should see failure as a setback but rather as a stepping stone to bounce back.

- Persistent: A person who is to be called an entrepreneur has to be determined to succeed and never relent.

- Dependent: An entrepreneur is an independent person and never relies on others for survival.

-Opportunity Seeker: An entrepreneur constantly seek for opportunities and immediately grasp it whenever he sees one

So, the odd one out of the given options is Dependent

A business consulting firm defined its company personality as knowledgeable team-players, who are practical and theoretical. It then began brainstorming many new brand names ideas to sort through later once they have completed all of the steps to develop a brand new name. Which step did the firm forget to take before moving on to screening out problematic names?

Answers

Answer:

The firm forget to take Competitive landscape

Explanation:

development of a brand new name is essential in business because it serves as the identity that the business carries along, it includes the name as well as the brand logo that identifies the company from other compititors. It involves some steps such as checking the domains name that is available,screening out problematic names,Competitive landscape step, launching of the brands.

In the case of the question, the step the firm forget to take before moving on to screening out problematic names is Competitive landscape step.

Competitive landscape step helps to foresee the strength as well as other information about other compititors in the industry such as direct and indirect compititors.

Packard Corporation reported taxable income of $1,000,000 in 20X3 and paid federal income taxes of $340,000. Included in the taxable income computation was a dividends received deduction of $5,000, a net capital loss carryover from 20X2 of $10,000 utilized in 20X3, and gain of $50,000 recognized on the collection of cash from an installment sale that took place in 20X1. The corporation's current E&P for 20X3 would be:

Answers

Answer:

$695,000

Explanation:

The corporation's current Earning & Profit for 20X3 would be:

Particulars                               Amount

Taxable income                     $1,000,000

Less: Federal tax                   $340,000  

Balance                                  $660,000

Add: Gain                               $50,000

Less: Net capital loss            $10,000

Less: Deduction                     $5,000    

Current Earnings and Profit $695,000

I will give out the brain thing (idk what it’s called) to whoever has the best answer on getting it. It can be serious, funny, sad, etc. Good luck!

Answers

Buy a visa card from a store add money on it and buy brain thing  with it

Why does this have me so confused hahahah
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Which of the following countries were the two strongest countries in Europe at the end of the 19th century?A) France and SpainB) Italy and JapanC) Russia and ChinaD) Germany and Great Britian Political Socialization is the influence of certain things around us in our lives that create our personal political ideas and opinions. True False the set of all integers are a subset of real numbers true or false? Corporation W, which uses the accrual method of accounting, had earnings and profits of $95,000 on December 31, Year 1. Based on the following information, compute earnings and profits as of December 31, Year 2: Taxable income per return $185,000 Contributions in excess of 10% limitation 1,500 Interest paid for tax-exempt bonds 1,000 Tax-exempt interest received 3,000 Federal income taxes 55,400 MACRS depreciation in excess of straight-line alternative depreciation system 1,500a. $226,600b. 220,600c. $282,000d. $228,600 Question 310 ptsDetermine if the equations are Parallel, Perpendicular, of Neither.a1y = -3x + 6 andy = X 83NeitherO PerpendicularO ParallelQuestion When the polls closed how many Electoral College votes did George W. Bush have? 1/4 / 2=? Whats the answer? Write some facts about the Location of Sumerian city-states: explain three ways in which red blood cells are adapted to their function Humanity is a species living between the wilderness and the laboratory. In helping our plants to grow, we draw on the dual wisdom of untouched nature and scientific research. We have to maintain a balance between the two, for there is where our humanity lies. Moving totally toward elther one would signify the death of humanity and its replacement by either the beast or the technocrat. Which sentence best states the author's assumption about humanity? 01. All humans are influenced by both nature and technology. 2. Some humans live in total wilderness. . 3. Some humans are unaware of both technology and natural wisdom. 4. All humans strive for more natural lives. Charlie was seven pounds two ounces at birth. How much is he likely to weigh when he is six months old?eight pounds one ouncetwelve pounds four ouncesten pounds two ouncesfourteen pounds four ounces 9. Classify the equation, 7x + 10 = 7x + 10, as having one solution, no solution, orinfinitely many solutions. PLEASE TRY TO ANSWER ONE PLEASE IM SUPER TRIED IT 4 AM PLEASE IM BEGGING YOU What cells, other than plant cells, contain chlorophyll? 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This activity is important because you will review terms related to the selection process and think about to which of the standards they best apply The goal of this activity is to define ways to measure the success of a selection method. Read each scenario, then match it to the correct category it represents. 1. An intelligence test is an example of a measure that should yield similar results each time an individual takes the test. Click to select) 2. The HR manager of a manufacturing company has discovered a great personality test for choosing sales personnel, but it's rather expensive. He needs to show that using this test will benefit the company. Click to select) 3. Your HR assistant points out that the employment application used at one of the company's branch offices asks for a high school graduation date Click to select) 4. 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