Homework Answers
| 1 | |||
| Occupancy days | Electrical costs | ||
| High level | 4060 | 8410 | |
| Low level | 290 | 870 | |
| Change | 3770 | 7540 | |
| Variable cost of electricity | 2.00 | per occupancy day | =7540/3770 |
| Fixed cost of electricity | 290 | per month | =8410-(4060*2) |
| 2 |
| The other factors likely to affect the variation are: |
| Systematic factors like guests,switching off fans and lights |
| Number of days present in a month |
| Seasonal factors like winter or summer |
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2. What other factors in addition to occupancy-days are likely to affect the variation in electrical...
The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of...
The 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 January February March April May June July August September October November December Occupancy-Days Electrical Costs 2,830 $ 6,750 3,340 $ 7,410 3,650 $ 7,905 1,840 $...
The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of...
The 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. 20 points eBook Occupancy- Days 2,830 3, 340 3,650 1,840 750 1,830 3,890 1,700 4,060 2,260 1,350 290 Month January February March April May June July August...
The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of...
The 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 2,830 $ 6,750 February 3,340 $ 7,410 March 3,650 $ 7,905 April 1,840 $ 5,520 May 750 $ 2,250 June 1,830 $...
The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of...
The 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 January February March April May June July August September October November December Occupancy-Days 2,830 3,340 3,650 1,840 750 1,830 3,890 1,700 4,060 2,260 1,350 290 Electrical...
2. What other factors in addition to occupancy-days are likely to affect the variation in electrical...
2. What other factors in addition to occupancy-days are likely to affect the variation in electrical costs from month to month? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) 2 Systematic factors like guests,...
The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of...
The 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. Occupancy-Days Electrical Costs January February March April Kay June July August September October November 2,830 3,340 3,650 1,840 750 1,830 3,890 1,700 4, 060 2,260 1,350 290...
The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of...
The 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 January February March April May June July August September October November December Occupancy-Days 2,710 3,600 860 2,170 4,200 1,530 4,110 4,060 1,980 1,160 1,210 2,480 Electrical...
The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of...
The 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 January February March April May June July August September October November December Occupancy-Days 2,710 3,600 860 2,170 4,200 1,530 4,110 4,060 1,980 1,160 1,210 2,480 Electrical...
The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of...
The 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 2,710 $ 5,270 February 3,600 $ 6,205 March 860 $ 2,150 April 2,170 $ 4,350 May 4,200 $ 7,160 June 1,530 $...
Occupancy-Days 3,400 280 Nm 0 0 Month January February March April May June July August September...
Occupancy-Days 3,400 280 Nm 0 0 Month January February March April May June July August September October November December Electrical Costs $ 10,234 $10,052 $11,605 $ 6,825 $ 2,380 $ 6,860 $ 11,060 $11,100 $ 7,602 $ 3,605 $ 4,634 $ 8,974 4,040 4,080 2,240 1,030 1,460 2,700 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...
The 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 January February March April May June July August September October November December Occupancy-Days Electrical Costs 2,830 $ 6,750 3,340 $ 7,410 3,650 $ 7,905 1,840 $...
The 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. 20 points eBook Occupancy- Days 2,830 3, 340 3,650 1,840 750 1,830 3,890 1,700 4,060 2,260 1,350 290 Month January February March April May June July August...
The 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 January February March April May June July August September October November December Occupancy-Days 2,830 3,340 3,650 1,840 750 1,830 3,890 1,700 4,060 2,260 1,350 290 Electrical...
2. What other factors in addition to occupancy-days are likely to affect the variation in electrical costs from month to month? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) 2 Systematic factors like guests,...
The 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. Occupancy-Days Electrical Costs January February March April Kay June July August September October November 2,830 3,340 3,650 1,840 750 1,830 3,890 1,700 4, 060 2,260 1,350 290...
The 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 January February March April May June July August September October November December Occupancy-Days 2,710 3,600 860 2,170 4,200 1,530 4,110 4,060 1,980 1,160 1,210 2,480 Electrical...
The 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 January February March April May June July August September October November December Occupancy-Days 2,710 3,600 860 2,170 4,200 1,530 4,110 4,060 1,980 1,160 1,210 2,480 Electrical...
Occupancy-Days 3,400 280 Nm 0 0 Month January February March April May June July August September October November December Electrical Costs $ 10,234 $10,052 $11,605 $ 6,825 $ 2,380 $ 6,860 $ 11,060 $11,100 $ 7,602 $ 3,605 $ 4,634 $ 8,974 4,040 4,080 2,240 1,030 1,460 2,700 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...
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