Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

a motel budgeted its 80 rooms with a 70 percent occupancy and an average room rate of 32 . the actual occupancy rate was 72

a motel budgeted its 80 rooms with a 70 percent occupancy and an average room rate of 32 . the actual occupancy rate was 72 and the actual average room rate was 34. determine total variance
image text in transcribed
image text in transcribed
15 points A motel budgeted its 60 rooms with a 70 percent occupancy and an average room rate of 532. The actual occupancy rate was 72 and the actual average room was determinator variance 60.736 favourable 42.048 favourable 60.736 unfavourable 42.040 unfavourable The bar Alba had a net income of $280,000, depreciation expense of 538.000, accounts receivable decreased $2.000 credit card receivables decreased $2,600 prepard insurance increased points 52.880: inventory decreased 53.700; accounts payable increased $4.700: other accrued payables increased 53.600. Net cash flow statement from operations O 324.920 O 44,920 O 332.120 O None of the above

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

The Internal Auditing Handbook

Authors: K. H. Spencer Pickett

1st Edition

0471969117, 978-0471969112

More Books

Students also viewed these Accounting questions