Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Question 1 (20 marks) a. Prince Rupert special events society is planning to run Winter Fest in Prince Rupert. They are planning to hire

1. Question 1 (20 marks) a. Prince Rupert special events society is planning to run Winter Fest in Prince Rupert. They are planning to hire local band and they have given quotation of fixed amount of $ 60,000. (10 marks) i. ii. If 60 people attend the Fest, what would be the total cost? And the unit cost per person? If 200 people attend the Fest, what would be the total cost? And the unit cost per person? Should the manager be using the total cost or the unit cost in the decision making in the above scenario? b. Are the following cost fixed or variable, direct or indirect for a baking company? (10) marks) i. ii. iv. V. Accounts manager's salary (sales manager) Flour used in making croissants Bakery manager's salary Depreciation of commercial ovens used in baking. Wages of bakers who are paid on a piecework basis

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Easy Accounting Simple Steps Simple Solutions

Authors: Becky Egan

1st Edition

B09KGZV2QG

More Books

Students also viewed these Accounting questions

Question

a. How are members selected to join the team?

Answered: 1 week ago

Question

b. What are its goals and objectives?

Answered: 1 week ago