Question

1) Aday Resort and Spa recorded the following information last month: Operating Days 30 Total Rooms...

1)

Aday Resort and Spa recorded the following information last month:

Operating Days 30
Total Rooms Sold 1,677
Rooms Available 65 per night
Occupancy % 86%
ADR $45.00
Variable Costs
Housekeeping Wages $ 16,450.00
Supplies $   2,740.00
Utilities $   3,320.00
Miscellaneous $   1,420.00
Fixed Costs
Mortgage $   6,000.00
Insurance $   2,000.00
Depreciation $   3,000.00
Salary $   5,400.00

Using the information above, calculate the following:

Breakeven Rooms

Select one:

a. 536

b. 208

c. 499

d. 1950

2)

The Vista Room Restaurant has used historical data, and averaged out the annual sales and variable costs of each of its menu item as shown below:

Menu Item

Sales

Variable Costs

A

$   13,500

$6,100

B

$   9,100

$4,497

C

$   12,456

$8,564

D

$   8,854

$3,490

Total

$   43,910

$22,651

Using the information above:

Calculate the VR for each Item

Select one:

a. VR Item A: .45
VR Item B: .49
VR Item C: .69
VR Item D: .39

b. VR Item A: .55
VR Item B: .58
VR Item C: .51
VR Item D: .27

c. VR Item A: .45
VR Item B: .39
VR Item C: .79
VR Item D: .39

d. VR Item A: .55
VR Item B: .49
VR Item C: .54
VR Item D: .22

3)

The Grand Aday Tavern reported the following information for 5 menu items

Menu Item #UNITS TOTAL SALES USP UVC TVC PSTS VR WVR
A 200 $                      800.00 $      4.00 $    1.50 $            300            0.13          0.38      0.05
B 300 $                      900.00 $      3.00 $    0.60 $            180            0.15          0.20      0.03
C 200 $                      650.00 $      3.25 $    1.40 $            280            0.11          0.43      0.05
D 350 $                   2,275.00 $      6.50 $    2.20 $            770            0.38          0.34      0.13
E 180 $                   1,350.00 $      7.50 $    3.00 $            540            0.23          0.40      0.09
Total Sales $                   5,975.00      0.35 Overall WVR
     0.65 WCR




Using the information in the table above:

Breakeven in Dollars with a TFC of $600,000

Select one:

a.




$923,076.92

b.

$1,098,764.34

c.



$976,544.34

d.



$876,443.98

0 0
Add a comment Improve this question Transcribed image text
Answer #1

1) $ 45.00 2) Menu Item A | В Sales (a) Variable Cost (b) VR (b/a) $ 13,500 $ 6,100 0.45 $ 9,100 $ 4,497 0.49 $ 12,456$ 8,564

For Question 1, Break Even Rooms are 534 rooms as per our calculation. But there is no option equals to 534, Then option A 536 rooms is selected as it is near to our answer.

Add a comment
Know the answer?
Add Answer to:
1) Aday Resort and Spa recorded the following information last month: Operating Days 30 Total Rooms...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 1) The Grand Aday Tavern reported the following information for 5 menu items: Menu Item Unit...

    1) The Grand Aday Tavern reported the following information for 5 menu items: Menu Item Unit Selling Price Unit VC Total VC A $4.00 $1.50 $300.00 B $3.00 $0.60 $180.00 C $3.25 $1.40 $280.00 D $6.50 $2.20 $770.00 E $7.50 $3.00 $540.00 Using the information in the table above: Calculate #Units sold for each item Select one: a. #Units A: 200 #Units B: 300 #Units C: 200 #Units D: 350 #Units E: 180 b. #Units A: 300 #Units B: 280...

  • ALCO Company has the following information: Sales $98,000 Costs $74,000 Net Income $24,000 Total Assets $43,000...

    ALCO Company has the following information: Sales $98,000 Costs $74,000 Net Income $24,000 Total Assets $43,000 Total Debt $13,000 Total Equity $30,000 ALCO has predicted a sales increase of 10% and that every item will increase by 10% as well. Create the pro forma statement and reconcile them. What is the plug variable and how much? Select one: a. Dividend is a plug variable, amount $23,400 O b. Dividend is a plug variable, amount $24,300 c. Debt is a plug...

  • ALCO Company has the following information Sales $98,000 Costs $74.000 Net Income $24,000 Total Assets $43,000...

    ALCO Company has the following information Sales $98,000 Costs $74.000 Net Income $24,000 Total Assets $43,000 Total Debt $13,000 Total Equity $30,000 ALCO has predicted a sales increase of 10% and that every item will increase by 10% as well. Create the pro forma statement and reconcile them. What is the plug variable and how much? Select one a Dividend is a plug variable, amount $24300 b. Dividend is a plug variable, amount $23,100 c Debtis a plug variable amount...

  • Requirement 1. For each of the following independent situations, calculate the contribution margin per unit and...

    Requirement 1. For each of the following independent situations, calculate the contribution margin per unit and the breakeven point in units: Begin by showing the formula for contribution margin per unit and then enter the amounts to calculate the contribution margin per unit for each situation. (Abbreviation used: CM = contribution margin.) CM per unit Situation a. II Situation b. Situation c. Situation d. Now select the labels to show the formula for breakeven point in units and then enter...

  • Match the following terms with the correct definitions 1. Costs that do not change in total...

    Match the following terms with the correct definitions 1. Costs that do not change in total over wide ranges of volume. Technique that estimates profit or loss results when conditions 2. change a. Breakeven b. Contribution margin c. Cost behavior d. Margin of safety e. Relevant range 3. The sales level at which operating income is zero. Drop in sales a company can absorb without incurring an operating . Cos loss. 5. Combination of products that make up total sales....

  • 1. Which of the following are elements of revenue? a. food and beverage b. volume and...

    1. Which of the following are elements of revenue? a. food and beverage b. volume and price c. profits and cash flow d. advertising and profits 2. Ignoring price elasticity, which of the following is the best contributor to larger profits? a. increase in menu prices b. increase in customers c. increase in advertising d. inelastic demand 3. Which of the following can be used to forecast sales? a. statistical models b. CVP c. moving average method d. all of...

  • 9. A company provided the following information: $500,000 $30 Sales revenue Variable cost per unit Contribution...

    9. A company provided the following information: $500,000 $30 Sales revenue Variable cost per unit Contribution margin ratio Total fixed cost 0.40 $110,000 Using the above information, determine the: a) Selling price per unit b) Breakeven point in units and dollars. Prove the results. c) Contribution margin per unit d) Margin of safety in dollars and as a percent

  • The following information is for the Jeffries​ Corporation: Product​ A: Revenue $ 15.00 Variable Cost $...

    The following information is for the Jeffries​ Corporation: Product​ A: Revenue $ 15.00 Variable Cost $ 10.00 Product​ B: Revenue $ 33.00 Variable Cost $ 18.00 Total fixed costs $ 399,000 What is the breakeven​ point, assuming the sales mix consists of three units of Product A and one unit of Product B? A. 39,900 units of A and 13,300 units of B B. 12,091 units of A and 4,030 units of B C. 13,300 units of A and 39,900...

  • Rapid Cabinet Makers Inc. provided the following information for last month: Sales Variable costs Fixed costs...

    Rapid Cabinet Makers Inc. provided the following information for last month: Sales Variable costs Fixed costs Operating income $25,000 10,000 3,000 $12,000 If sales reduce to half the amount in the next month, what is the projected operating income? O A. $4,500 B. $18,500 C. $1,000 D. $6,000

  • 9. Given the following information, find fixed costs: a. Total sales, $104,672 profit, $18.000; v...

    Question 9 10. Thanks for your help 9. Given the following information, find fixed costs: a. Total sales, $104,672 profit, $18.000; variable rate, 42 h Profit, $12.000: number of customers, 32392; variable cost per unit. c. Sales price per unit, $1460; profit, $34,000, number of customers. price per unit, $18.40: number of custom- $4.63; sales price per unit, $10.34 26,712; variable rate, 35 ers, 26,549: profit, $33,000 d. Contribution rate, 65; sales 10. Given the following information, find profit xed...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT