Jcmandique4062

06.08.2019 • 

Business

Alyeski tours operates day tours of coastal glaciers in alaska on its tour boat the blue glacier. management has identified two cost drivers—the number of cruises and the number of passengers—that it uses in its budgeting and performance reports. the company publishes a schedule of day cruises that it may supplement with special sailings if there is sufficient demand. up to 81 passengers can be accommodated on the tour boat. data concerning the company’s cost formulas appear below: fixed cost per month cost per cruise cost per passenger vessel operating costs $ 6,700 $ 472.00 $ 3.40 advertising $ 2,800 administrative costs $ 5,400 $ 36.00 $ 1.50 insurance $ 3,400 for example, vessel operating costs should be $6,700 per month plus $472.00 per cruise plus $3.40 per passenger. the company’s sales should average $31.00 per passenger. in july, the company provided 57 cruises for a total of 3,100 passengers. required: prepare the company’s flexible budget for july.

Ответ:

katerin5133

18.12.2020

Business

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Option (C) Day 50

Explanation:

Data provided in the question:

Purchasing cost of the item needed in project = $10,000

Daily operating cost = $500

Lease amount per day received = $700

Now,

For the purchase cost be the same as the least cost

The total cost should be equal to the total lease received

let the 'x' be the day on which purchase cost is equal to lease cost

thus,

$10,000 + $500x = $700x

or

($700 - $500)x = $10,000

or

$200x = $10,000

or

x = 50

Hence,

Option (C) Day 50

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