Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Case Two A local government authority in Amman awns The summer season lasts for 20 weeks including and operates a leisure centre with tion, a

image text in transcribed
image text in transcribed
Case Two A local government authority in Amman awns The summer season lasts for 20 weeks including and operates a leisure centre with tion, a cafeteria and a sports shop. facilities, residential accoeak period of 6 weeks corresponding been prepared for the next summer a P to the school holidays. The following budgets have season: Accommodation 60 single rooms let on daily basis Fixed costs JOD 29,900 Variable costs JOD aydouble rooms let on a daily basis at 160% of the single room rate. 6.40 per double room per day 4 per single room per day and J00 6 Sports Centre Residential guests each pay JOD 2 per day and casual visitors J0D 3 per day for the use of facilities. Fixed costs JoD15,500 Sports Shop Estimated contribution JOD 1 per person per day. Fixed costs JOD 8,250 Cafeteria Estimated contribution JOD 1.50 per person per day Fixed costs JOD 12,750 During the summer season the centre is open 7 days a week and the following activity levels are anticipated: Double rooms fully booked for the whole season. Single rooms fully booked for the peak period but at only 80% of capacity during the rest of the season. 30 casual visitors per day on average. 6 You are required to: a) Estimate the charges for single and double rooms assuming that the authority wishes to make a JOD 10.000 profit on accommodation. (b) Calculate the anticipated aedlotal profit for the leisure centre as a whole for the season. Or Cases Fall Semest The deadline for sub Semester 2018/2019 January 10th Case One: Aqaba Special Economic Zone are on the Red Sea, operates, parties of children in care authorities. The own house mothers w guests are accepted on terms of l00 100 per person per week. No differential exist adults and children. Weekly costs incurred by the host authority are: Authority, whose area includes a holiday resort situated for 30 weeks each year, a holiday home which is left to visiting from other authorities. The children are acompanied by their ho supervise them throughout their holiday. From six to fifteen (Per guest) Food Electricity for heating and cooking Domestic (laundry, cleaning, etc...) expenses JOD 25 JOD 3 OD S Use of minibus JOD 10 3913 Seasonal staff supervise and carry out the necessary duties at the home at a cost of JOD 11,000 for the 30-week period. This provides staffing sufficient for sik to ten guests per week but if eleven or more guests are to be accommodated; additional staff at a total cost of JOD 200 per week are engaged for the whole of the 30-week period. Rent, including rates for the property, is JOD 4,000 per annum and the garden of the home is maintained by the council's recreation department which charges a nominal fee of JOD 1,000 pecannum You are required to: Show the break-even point(3)and to analyze and comment on your break- even point(s) Case Two A local government authority in Amman awns The summer season lasts for 20 weeks including and operates a leisure centre with tion, a cafeteria and a sports shop. facilities, residential accoeak period of 6 weeks corresponding been prepared for the next summer a P to the school holidays. The following budgets have season: Accommodation 60 single rooms let on daily basis Fixed costs JOD 29,900 Variable costs JOD aydouble rooms let on a daily basis at 160% of the single room rate. 6.40 per double room per day 4 per single room per day and J00 6 Sports Centre Residential guests each pay JOD 2 per day and casual visitors J0D 3 per day for the use of facilities. Fixed costs JoD15,500 Sports Shop Estimated contribution JOD 1 per person per day. Fixed costs JOD 8,250 Cafeteria Estimated contribution JOD 1.50 per person per day Fixed costs JOD 12,750 During the summer season the centre is open 7 days a week and the following activity levels are anticipated: Double rooms fully booked for the whole season. Single rooms fully booked for the peak period but at only 80% of capacity during the rest of the season. 30 casual visitors per day on average. 6 You are required to: a) Estimate the charges for single and double rooms assuming that the authority wishes to make a JOD 10.000 profit on accommodation. (b) Calculate the anticipated aedlotal profit for the leisure centre as a whole for the season. Or Cases Fall Semest The deadline for sub Semester 2018/2019 January 10th Case One: Aqaba Special Economic Zone are on the Red Sea, operates, parties of children in care authorities. The own house mothers w guests are accepted on terms of l00 100 per person per week. No differential exist adults and children. Weekly costs incurred by the host authority are: Authority, whose area includes a holiday resort situated for 30 weeks each year, a holiday home which is left to visiting from other authorities. The children are acompanied by their ho supervise them throughout their holiday. From six to fifteen (Per guest) Food Electricity for heating and cooking Domestic (laundry, cleaning, etc...) expenses JOD 25 JOD 3 OD S Use of minibus JOD 10 3913 Seasonal staff supervise and carry out the necessary duties at the home at a cost of JOD 11,000 for the 30-week period. This provides staffing sufficient for sik to ten guests per week but if eleven or more guests are to be accommodated; additional staff at a total cost of JOD 200 per week are engaged for the whole of the 30-week period. Rent, including rates for the property, is JOD 4,000 per annum and the garden of the home is maintained by the council's recreation department which charges a nominal fee of JOD 1,000 pecannum You are required to: Show the break-even point(3)and to analyze and comment on your break- even point(s)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions