Check my work
1
The Gourmand Cooking School runs short cooking courses at its small campus. M...
Business, 01.07.2021 07:40 homeschool0123
Check my work
1
The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses in
its budgeting and performance reports-the number of courses and the total number of students. For example, the school might run
two courses in a month and have a total of 62 students enrolled in those two courses. Data concerning the company's cost formulas
appear below:
20
points
Cost per
Fixed Cost Cost per
per Month
Course
$ 2,910
Student
$ 290
eBook
Instructor wages
Classroom supplies
Utilities
Campus rent
Insurance
Administrative expenses
$
70
Print
$ 1,240
$ 4,600
$ 2,000
$ 3,700
References
$
43
$ 7
For example, administrative expenses should be $3,700 per month plus $43 per course plus $7 per student. The company's sales
should average $890 per student.
The company planned to run four courses with a total of 62 students; however, it actually ran four courses with a total of only 56
students. The actual operating results for September appear below:
Revenue
Instructor wages
Classroom supplies
Utilities
Actual
$ 52,280
$ 10,920
$ 17,830
$ 1,930
Mc
Graw
Hill
Prev
1 of 6
Next >
Answers: 1
Another question on Business
Business, 21.06.2019 19:30
Which of the following correctly describes the accounting for indirect labor costs? indirect labor costs are product costs and are expensed as incurred. indirect labor costs are period costs and are expensed when the manufactured product is sold. indirect labor costs are period costs and are expensed as incurred. indirect labor costs are product costs and are expensed when the manufactured product is sold.
Answers: 3
Business, 22.06.2019 10:30
Describe three scenarios in which you might utilize mathematics to investigate a crime scene, accident scene, or to make decisions involving police practice. be sure to explain how math is used in police as they work through each scenario.
Answers: 1
Business, 22.06.2019 15:30
In 2015, lori assigned a paid-up whole life insurance policy to an irrevocable life insurance trust (ilit) for the benefit of her three children. the ilit contained a crummey provision for the benefit of each child. at the time of the transfer, the whole life insurance policy was valued at $200,000, and since lori had not made any other taxable gifts during her lifetime, she did not owe any gift tax. lori died in 2016, and the face value of the whole life insurance policy of $2,000,000 was paid to the ilit. regarding this transfer, how much is included in lori’s gross estate at her death?
Answers: 1
Business, 22.06.2019 19:10
According to the textbook chapter, “the emotional connection of distinguishing differences and conflict”, which of the following groups of terms describes best the skills/resources that managers need when managing differences in their organization? energy, commitment, tolerance, and appreciation energy, adequate funding, tolerance, and appreciation funding, tolerance, a strong hr department, and tolerance energy, a strong hr department, patience, and strong leadership skills
Answers: 3
You know the right answer?
Questions
Computers and Technology, 12.09.2019 03:30
Computers and Technology, 12.09.2019 03:30
