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  3. 3. 150 polnts alyeski tours operates day tours of

3. 150 polnts Alyeski Tours operates day tours of coastal glaciers in Alaska on its...

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3. 150 polnts Alyeski Tours operates day tours of coastal glaciers in Alaska on its tour boat the Blue Glacier. Management has identified two cost drivers-the number of cruises and the number of passengers-that it uses in its budgeting and performance reports. The company publishes a schedule of day cruises that it may supplement with special sailings if there is sufficient demand Up to 87 passengers can be on the tour boat. Data concerming the company's cost formulas appear below Fixed Cost Cost per Cost per Per Month Cruise Passenger s 6,100 $475.00 $3.40 S 2,100 $ 5,100$ 31.00$1.50 S 3,900 Vessel operating costs Administrative costs Insurance For example, vessel operating costs should be $6,100 per month plus $475.00 per cruise plus $3.40 per passenger. The company's sales should average $31.00 per passenger. The company's planning budget for July is based on 60 cruises and 3,050 passengers Required Complete the company's planning budget for July Planning Budget For the Month Ended July 31 Revenue Expenses Vessel operating costs Administrative costs Total expense Net operating income

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