![laraejackson75](/avatars/8270.jpg)
laraejackson75
11.11.2019 •
Business
Exercise 9–5 prepare a flexible budget with more than one cost driver lo9–5 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 80 passengers can be accommodated on the tour boat. data concerning the company’s cost formulas appear below: vessel operating costs : fixed cost per month: $5,200 cost per cruise: $480.00 cost per passenger: $2.00advertising : fixed cost per month: $1,700administrative costs : fixed cost per month: $4,300 cost per cruise $24.00 cost per passenger: $1.00insurance : fixed cost per month: $2,900for example, vessel operating costs should be $5,200 per month plus $480 per cruise plus $2 per passenger. the company’s sales should average $25 per passenger. in july, the company provided 24 cruises for a total of 1,400 passengers.required: show all the work process:
using exhibit 9–9 as your guide, prepare the company’s flexible budget for july.
Solved
Show answers
More tips
- C Computers and Internet How to Create a Website for Free and Easy?...
- O Other Everything You Need to Know About Kudyabliks...
- C Computers and Internet The Twitter Phenomenon: What it is and How to Use it...
- C Computers and Internet How to Choose a Laptop: Expert Guide and Tips...
- C Computers and Internet How to Choose a Monitor?...
- H Horoscopes, Magic, Divination Where Did Tarot Cards Come From?...
- S Style and Beauty How to Make Your Lips Fuller? Ideas and Tips for Beautiful Lips...
- C Computers and Internet How to Learn to Type Fast?...
- A Art and Culture Who Said The Less We Love a Woman, the More She Likes Us ?...
Answers on questions: Business
- P Physics How much does a gold bar weigh and how much is it worth?...
- H History How do some people maintain their customs and cultures while living in the United States? They refuse to learn English. They live in close proximity with people of similar cultural...
- M Mathematics I need help with several math problems it says f(x)= 2 - 3x and g(x)= -x exponent 2 - x -1. Find the following and simplify if possible 1. (f - g) (-3) 2. (f - g) (x) 3. (f...
- M Mathematics Use 2 numbers to show that the irrational numbers are not closed with respect to multiplication. A. B. C.D....
Ответ:
$160,300
Explanation:
Calculation for what The contribution margin for Sam's Bookstore for the first quarter is:
Sales revenue $ 930,000
Less: Variable costs
Cost of goods sold$ 655,000
Variable selling expenses ( 930000/60)*5$ 77,500
Variable administrative expenses (930,000*4%)$ 37,200
Total variable expenses $769,700
Contribution margin $160,300
($930,000-$769,700)
Therefore The contribution margin for Sam's Bookstore for the first quarter is:$160,300