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Larry Bett is considering building a budget hotel that offers clean small rooms with bathroom. He anticipates that the rooms wito 36,000 room-nights per year.

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Larry Bett is considering building a budget hotel that offers clean small rooms with bathroom. He anticipates that the rooms wito 36,000 room-nights per year. The market price for equivalent rooms is 560 per night. Larry estimates that there will be $8,000,000 and he would like an annual return of 15%. Following are the estimated annual operating con Variable costs $ 18 per room nigh Fixed costs: $763,200 Using the cost-plus markup pricing method, what long-term price should Larry charge for a room night Select one: O a $54,53 Ob. $39.20 O c. $60 O d. $72.53 errently assigned to it of $280. A competitor is bring news mpete in the market for small boats Acorn Products currently sells small boats for $360. It has costs currently assigned to it of $280. A competitors bringing a new room to market that will sell for $300. Management believes it must lower the price to $200 to compete in the market for a boats.com sales are estimated to be 110,000 per year. What is the target cost if target profit is 25 percent of the competitor's selling price? Select one: a. $90 b. $225 c. $280 d. $270 ti During July the joint costs of processing were 550.000. Production Tiene 12821 General Media manufactures cassettes and cos in separate divisions utilizing one plant location. The following the prepared for review Fixed operation costs $900,000 Budgeted usage: Cassette Division 2,000 hours CD Division 350 hours Budgeted variable cost per hour $400 per hour What is the allocated variable cost to the Cassette division using a dual-rate, if budgeted uses the base for fred costs and usage is the base for variable costs? Assume that the Cassette and CD Divisions actual usage is 1.750 and 200 hours, resov O a $940,000 b. $800,000 Oc. $780,000 Od $700,000 further should be influenced by

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