Business, 01.11.2019 06:31 saabrrinnaaa

Coronado’s recording studio rents studio time to musicians in 2-hour blocks. each session includes the use of the studio facilities, a digital recording of the performance, and a professional music producer/mixer. anticipated annual volume is 1,020 sessions. the company has invested $2,299,080 in the studio and expects a return on investment (roi) of 20%. budgeted costs for the coming year are as follows. direct materials (cds, etc.) $ 19.80
direct labor $407.00
variable overhead $ 55.00
fixed overhead $1,033,320
variable selling and administrative expenses $ 35.00
fixed selling and administrative expenses $542,820
alma’s recording studio rents studio time to music

alma’s recording studio rents studio time to music
collapse question part

(a)

determine the total cost per session.

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 19:20

You wish to buy a cabin in 15 years. today, the cabin costs $150,000. you believe the price of the cabin will inflate at 4% annually. you want to invest a single amount of money (lump sum) today and have the money grow to equal the future purchase price of the cabin 15 years from now. if you can earn 10% annually on your investments, how much do you need to invest now, in order to be able to purchase the cabin?

Answers: 3

Answer

Business, 21.06.2019 19:30

How can a poor housing market put home buyers in a financially unstable position? a. changing property values means it’s easier to find homes with low rental costs. b. when the home value decreases, property taxes and insurance costs increase. c. houses are valued lower than their purchase prices, so the home equity decreases. d. home buyers lose all tax benefits and tax incentives when the housing market goes down. e. mortgage payments can increase even though the home value decreases.

Answers: 1

Answer

Business, 21.06.2019 19:40

Uppose stanley's office supply purchases 50,000 boxes of pens every year. ordering costs are $100 per order and carrying costs are $0.40 per box. moreover, management has determined that the eoq is 5,000 boxes. the vendor now offers a quantity discount of $0.20 per box if the company buys pens in order sizes of 10,000 boxes. determine the before-tax benefit or loss of accepting the quantity discount. (assume the carrying cost remains at $0.40 per box whether or not the discount is taken.)

Answers: 1

Answer

Business, 22.06.2019 11:10

Use the information below to answer the following question. the boxwood company sells blankets for $60 each. the following was taken from the inventory records during may. the company had no beginning inventory on may 1. date blankets units cost may 3 purchase 5 $20 10 sale 3 17 purchase 10 $24 20 sale 6 23 sale 3 30 purchase 10 $30 assuming that the company uses the perpetual inventory system, determine the gross profit for the month of may using the lifo cost method.

Answers: 1

Answer

You know the right answer?

Coronado’s recording studio rents studio time to musicians in 2-hour blocks. each session includes t...

Questions