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Mandalay Hotel bases its budgets on guest-days. The hotel’s…

Posted byAnonymous July 15, 2021October 1, 2023

Questions

Mаndаlаy Hоtel bases its budgets оn guest-days. The hоtel's static budget for August appears below: Budgeted number of guest-days   4,300 Budgeted variable costs:            Supplies (@$9.60 per guest-day)   $41,280        Laundry (@$9.40 per guest-day)   $40,420 Total variable cost   $81,700 Budgeted fixed costs:            Wages and salaries   $57,190        Occupancy costs   $52,030 Total fixed cost   $109,220 Total cost   $190,920 The total fixed cost at the activity level of 5,500 guest-days per month should be (PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR):  

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Tags: Accounting, Basic, qmb,

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