Q.1 | Final Answer: | |||
Variable cost of electricity | 1.43 | per occupancy day | ||
Fixed cost of electricity | 1,060 | per month | ||
Working Note: | ||||
Month | Occupancy Days | Electrical cost | ||
High LEVEL | May | 4,200 | 6,925 | |
Low Level | March | 860 | 2,150 | |
Change | 3,340 | 4,775 | ||
Change per unit (Variable cost) = Change in total cost / Change in Units Sold | ||||
=4775/3340 | ||||
1.43 | per occupancy day | |||
Fixed Cost calculation | ||||
Variable Cost + Fixed cost = Total cost | ||||
1.43 * 4200 + Fixed Cost = 6925 | ||||
Fixed Cost = 919 | or 920 | |||
Q.2 | Correct Answer: | |||
Systemetic factors like guest, switching off fans and light | ||||
No. of days in a month | ||||
Seasonal factors like winter or summer |
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 $...
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...
Exercise 5A-1 High-Low Method (LO5-10) points 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. eBook Hint Month January February March April May June July August September October November December Occupancy-Days 2,710 3,600 860 2,170 4,200...
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 2,710 $ 5,270 3,600 $ 6,205 860 $ 2,150 2,170 $...
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 2,620 $ 5,100 February 580 $ 1,450 March 4,080 $ 6,575 April 2,000 $ 5,000 May 2,880 $ 5,750 ...
Check my work Exercise 5A-1 High-Low Method [LO5-10] 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 2,710 $ 5,270...
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. Month January February March April May June July August September October November December Occupancy-Days 1,736 1,904 2,356 960 360 744 2,108 2,406 840 124 720 1,364 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 Electrical Costs 4,260 3,650 3,160 2,150 2,260 1,450 3,180 3,750 2,220 1,580 1,690...
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 540 3,810 4,100 1,730 3,520 1,320 3,420 4,120 1,610 830 1,420 2,320 Electrical...