Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Pls solve the problem urgently Sorry, Pls solve now updated February 2,500 RM46,000 March (2,700 RM47,000 April |3,900 RM51,000 May 14,200 RM54,000 June 15,200 RM58,000
Pls solve the problem urgently
Sorry, Pls solve now updated
February 2,500 RM46,000 March (2,700 RM47,000 April |3,900 RM51,000 May 14,200 RM54,000 June 15,200 RM58,000 July | 6,200 RM61,000 August |7.200 RM64,000 September 16,700 RM62,000 October 14,200 RM55.000 November 3,800 RM51,000 December 16,200] RM59.000 Total| 55.000 RM650,000 Question Description Restaurant Sedap Gila is a catering company that serves food and beverages at parties and business functions. Sedap Gila's business is seasonal, with a heavy scheduling during the summer months and holidays and a lighter schedule at other times. One of the major events Sedap Gila's customer request is a cocktail party. She offers a standard cocktail party has estimated the cost per guest as follows: Food and beverages RM16.00 Labour (0.5 hour RM9.80/hour) RM4.90 Overheard (0.5hour RM18.54/houn RM9.27 Total cost per guest RM30.17 The standard cocktail party lasts three hours and Sedap Gila hires one worker for every six guests so that works out to one and a half hour of labour per guest. These workers are hired only as needed and are paid only for the hours they actually work. When bidding on cocktail parties. Sedap Gila adds a 14 mark up to yield a price of about RM32.00 per guest. She is confident about the estimates of the costs of food and beverages and labour but is not as comfortable with the estimate of overhead cost. The RM18.54 Overhead cost per labour hour was determines by providing total overhead expenses for the last 12 months by total labour hour for the same period Monthly data concerning overhead costs and labour hours is as below: Month Labour Hour Overhead Expenses January 2.200 RM42.000 te - February 2,500 RM46,000 March (2,700 RM47,000 April |3,900 RM51,000 May 14,200 RM54,000 June 15,200 RM58,000 July | 6,200 RM61,000 August |7.200 RM64,000 September 16,700 RM62,000 October 14,200 RM55.000 November 3,800 RM51,000 December 16,200] RM59.000 Total| 55.000 RM650,000 Question Description Restaurant Sedap Gila is a catering company that serves food and beverages at parties and business functions. Sedap Gila's business is seasonal, with a heavy scheduling during the summer months and holidays and a lighter schedule at other times. One of the major events Sedap Gila's customer request is a cocktail party. She offers a standard cocktail party has estimated the cost per guest as follows: Food and beverages RM16.00 Labour (0.5 hour RM9.80/hour) RM4.90 Overheard (0.5hour RM18.54/houn RM9.27 Total cost per guest RM30.17 The standard cocktail party lasts three hours and Sedap Gila hires one worker for every six guests so that works out to one and a half hour of labour per guest. These workers are hired only as needed and are paid only for the hours they actually work. When bidding on cocktail parties. Sedap Gila adds a 14 mark up to yield a price of about RM32.00 per guest. She is confident about the estimates of the costs of food and beverages and labour but is not as comfortable with the estimate of overhead cost. The RM18.54 Overhead cost per labour hour was determines by providing total overhead expenses for the last 12 months by total labour hour for the same period Monthly data concerning overhead costs and labour hours is as below: Month Labour Hour Overhead Expenses January 2.200 RM42.000 teStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started