Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PLEASE ANSWER ALL 4 questions listed in the separate pics answer choices for #9: -$224,920 -$237,650 -$223,950 -$219,730 Ostler Hotel bases its budgets on guest-days.

PLEASE ANSWER ALL 4 questions listed in the separate pics
answer choices for #9:
-$224,920
-$237,650
-$223,950
-$219,730 image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Ostler Hotel bases its budgets on guest-days. The hotel's static budget for April appears below: 8,700 points $ 60, 900 33,060 93,968 (8 01:35 Budgeted number of guest.days Budgeted variable overhead costs: Supplies (@$7.ee per guest-day) Laundry (@$3.80 per guest-day) Total variable overhead cost Budgeted fixed overhead costs: Wages and salaries Occupancy costs Total fixed overhead cost Total budgeted overhead cost 80,910 38, 380 119,290 $213,250 The total overhead cost at an activity level of 9,300 guest-days per month should be: Multiple Choice O $224,920 O $237,650 Identify the situation below that will result in an unfavorable variance. Multiple Choice points 8 01-10-27 O Actual revenue is higher than budgeted revenue. O Actual revenue is lower than budgeted revenue. O Actual expenses are lower than budgeted expenses O Actual income is higher than expected income. The usual starting point for a master budget is: 11 Multiple Choice points 10:12 the production budget. the direct materials purchase budget. the budgeted Income statement. the sales forecast or sales budget. In a flexible budget, what will happen to total fixed costs as the activity level increases? 12 Multiple Choice oints 8 01:09:58 O They will decrease O They will increase O They will remain unchanged. O Fixed costs are not included in a flexible budget

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