Business, 16.10.2019 04:00, bthakkar25
Exercise 19-13 variable cost analysis for a special order lo a1 grand garden is a luxury hotel with 160 suites. its regular suite rate is $210 per night per suite. the hotel’s cost per night is $135 per suite and consists of the following. variable direct labor and materials cost $ 36 fixed cost [($5,770,000/160 suites) ÷ 365 days] 99 total cost per night per suite $ 135 the hotel manager received an offer to hold the local bikers’ club annual meeting at the hotel in march, which is the hotel’s low season with an occupancy rate of under 55%. the bikers’ club would reserve 45 suites for three nights if the hotel could offer a 55% discount, or a rate of $94 per night. the hotel manager is inclined to reject the offer because the cost per suite per night is $135. required: prepare an analysis of this offer for the hotel manager.
Answers: 1
Business, 22.06.2019 02:30, tdyson3p6xvtu
The dollar value generated over decades of customer loyalty to your company is known as brand equity. viability. sustainability. luck.
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Business, 22.06.2019 21:10, dooboose15
Which of the following statements is (are) true? i. free entry to a perfectly competitive industry results in the industry's firms earning zero economic profit in the long run, except for the most efficient producers, who may earn economic rent. ii. in a perfectly competitive market, long-run equilibrium is characterized by lmc < p < latc. iii. if a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.
Answers: 3
Exercise 19-13 variable cost analysis for a special order lo a1 grand garden is a luxury hotel with...
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