=+13-33 K Stand-alone revenue allocation OBJECTIVES 4, 7 Quest is an amusement park complex in southern Queensland.
Question:
=+13-33 K Stand-alone revenue allocation OBJECTIVES 4, 7 Quest is an amusement park complex in southern Queensland. Quest is divided into three autonomous divisions: a water park, a superhero theme park with rides and an animal park. In addition to selling a daily entrance ticket for each park, Quest has decided to sell a three-day ticket that would allow entrance into each of the parks for one day. The ticket selling price and the costs associated with each entrant into a park are:
Park Ticket price Daily cost per entrant Water park $40 $15 Superhero theme park $60 $25 Animal park $20 $10 Three-day ticket $90 Required 1 Allocate the revenue from the three-day ticket to each park using the stand-alone method based on ticket price.
Step by Step Answer:
Cost Accounting A Managerial Emphasis
ISBN: 9781442563377
2nd Edition
Authors: Monte Wynder, Madhav V. Rajan, Srikant M. Datar, Charles T. Horngren, William Maguire, Rebecca Tan