Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please help!!with 1,2, and 3 you focle .Youtube wakodia News Da Popular Mackboard sho. Use -Touch - The Lakeshore Hotel's guest days of occupancy and

Please help!!with 1,2, and 3 image text in transcribed
image text in transcribed
you focle .Youtube wakodia News Da Popular Mackboard sho. Use -Touch - The Lakeshore Hotel's guest days of occupancy and custodial supplies expense over the last seven months were Apple Cloud Yoo D G Month March Guest Days of Occupancy 9,000 8.500 11.000 12.500 Custodial Supplies Expanse S 11,600 S 11.400 $ 12.400 June August September $ 13 600 $ 13200 $ 12.200 10.500 Guest-days is a measure of the overall activity at the hotel. For example, a guest who stays at the hotel for three days is counted as three guest-days. Required: 1. Using the high-low method, estimate a cost formula for custodial supplies expense (Do not round your intermediate calculations and Round the Variable cost per guest-day to 2 decimal points) Guest-Days Supplies 14.000 13,000 High activity level Low activity level Change 500 5.500 5 Variable cost per quest days Fixed cost per month 0.40 per quest-day 13.040 2. Using the cost formula you derived above, what amount of custodial supplies expense would you expect to be incurred at an occupancy level of 13.100 guest-days? (Do not round your intermediate calculations.) Variable cost Fixed cost ) 3. Prepare a scattergraph using the data given above. (Place custodial supplies expense on the verticals and guest days on the horizontal . Round your plotting points to the nearest hundredth Instructions: 1. On the graph below, use the point tool (Mar) to plat custodial supplies expense on the vertical axis and guest days on the horizontal 2. Repeat the same process for the plotter tools (Apr May June July Aug Sept. 3. To enter exact coordinates, click on the point and enter the values of x and y 4. To remove a point from the graph, click on the point and select delete option Custodial Supplies Expense Guest Days rel

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_2

Step: 3

blur-text-image_3

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 Accounting And Financial Audit

Authors: Landry Kouamé

1st Edition

620430481X, 978-6204304816

More Books

Students also viewed these Accounting questions

Question

Sketch the surfaces. y = 1 - x 2 - z 2

Answered: 1 week ago

Question

7. Identify four antecedents that influence intercultural contact.

Answered: 1 week ago

Question

5. Describe the relationship between history and identity.

Answered: 1 week ago