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RELIABLE TYPING SERVICE types manuscripts for students, professors, and the general public. A standard of six(6) pages an hour has been established for straight
RELIABLE TYPING SERVICE types manuscripts for students, professors, and the general public. A standard of six(6) pages an hour has been established for straight copy that involves no equations or tabulations. The variable cost of operation has been estimated at a standard rate of P6 an hour. The fixed cost to rent an office and to rent computers has been estimated at P12,000 per month. In a normal month, the manager estimates that the business should operate 1,000 hours. During July, 2021, 4,500 pages were typed in 800 hours. Actual variable cost is P7,000 and the fixed cost is in agreement with the budget. Use the above data to answer H and I, as follows: H. Required computations. Using a flexible typing cost budget, how much is the allowed total budget for the following: 22. Normal time 23. Actual time 24. Standard time I. Required computations. Using again the flexible typing cost budget, compute for the following: 25. Total applied typing cost 26. Overall variance* 27. Spending variance* 28. Capacity variance* *Indicate if favorable or unfavorable to get credit. 29. Fixed efficiency variance* 30. Variable efficiency variance* The management of TAGAYTAY MOUNTAIN HOTEL is interested in the analysis of the fixed and variable costs in the electricity used in its relationship to hotel occupancy. The data have been gathered from the books and records in the first six months of 2021: Guestdays Costs 2021 January 1,000 P4,000 February 1,500 5,000 March 2,500 6,000 April 3,000 7,000 May 2,500 6,000 June 5,100 8,000 Use the above data to answer J, next page: J. Required computation. Compute for the following, using the method of least square: 31. Variable electricity rate (round to 5 decimals) 32. Fixed electricity cost per month (round to nearest peso) 33. Coefficient of correlation (round to 5 decimals) 34. Coefficient of determination (round to 5 decimals) 35. Total electricity budget for July, 2021, assuming the hotel expects 2,000 guestdays (round to nearest peso)
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