Mandalay Hotel bases its budgets on guest-days. The hotel's static budget for August appears below:   Budgeted number of guest-days 4,300Budgeted variable costs:  Supplies (@$9.60 per guest-day)$41,280Laundry (@$9.40 per guest-day) 40,420Total variable cost 81,700Budgeted fixed costs:  Wages and salaries 57,190Occupancy costs 52,030Total fixed cost 109,220Total cost$190,920?The total cost at the activity level of 5,200 guest-days per month should be:

A. $209,940
B. $230,880
C. $190,920
D. $208,020


Answer: D

Business

You might also like to view...

The function of the Small Business Administration is to:

A. protect consumers from undesirable effects of poorly produced products of small businesses. B. provide direct and guaranteed loans to small businesses. C. provide demographic information to small businesses. D. enforce pollution control standards for small businesses.

Business

The deductible is the amount of damage to your car that you are responsible for paying before any coverage is provided by the insurance company

Indicate whether the statement is true or false.

Business

Which of the following is NOT a type of investment company as defined by the Investment Company Act:

a. face-amount certificate company b. unit investment trust c. management company d. all of the other specific choices are types of investment companies e. none of the other specific choices are correct

Business

Discuss how changes in today's workforce and the business environment have led to the increasing use of the boundaryless organizational design.

What will be an ideal response?

Business