Agiven hotel has 150 rooms. operating expenses run about $980,750 annually. depreciation is scheduled at $645,500 per year. additional costs (taxes, insurance, etc.) are expected to be about $226,750 for the year. the owners require a reasonable return of $647,000 per year for their investment. net income (repeatâ ¦ this is net income) from other operated departments (like lounge and restaurant) is projected to be $500,000 annually. calculate the hubbart room rate required assuming a 75% annual occupancy rate.

Retail industry fundamentals credential exam,part 1 all answers

Schuepfer inc. bases its selling and administrative expense budget on budgeted unit sales. the sales budget shows 1,800 units are planned to be sold in march. the variable selling and administrative expense is $4.30 per unit. the budgeted fixed selling and administrative expense is $35,620 per month, which includes depreciation of $2,700 per month. the remainder of the fixed selling and administrative expense represents current cash flows. the cash disbursements for selling and administrative expenses on the march selling and administrative expense budget should be:

At the save the fish nonprofit organization, jenna is responsible for authorizing outgoing payments, rob takes care of recording the payments in the organization's computerized accounting system, and shannon reconciles the organization's bank statements each month. this internal accounting control is best known as a(n) a. distribution process. b. segregation of duties c. specialized budget d. annotated financial process