Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. alyeski tours operates day tours of coastal glacie

Alyeski Tours operates day tours of coastal glaciers in Alaska on its tour boat the...

50.1K

Verified Solution

Question

Accounting

image
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 82 passengers can be accommodated on the tour boat. Data concerning the company's cost formulas appear below: Cost per Cruise $ 478.00 Cost per Passenger $ 3.40 Vessel operating costs Advertising Administrative costs Insurance Fixed Cost per Month $ 6,200 $ 2,900 $ 5,400 $ 3,900 $ 38.00 $ 1.50 For example, vessel operating costs should be $6,200 per month plus $478.00 per cruise plus $3.40 per passenger. The company's sales should average $32.00 per passenger. In July, the company provided 51 cruises for a total of 3,150 passengers. Required: Prepare the company's flexible budget for July. Alyeski Tours Flexible Budget For the Month Ended July 31 Revenue Expenses: Vessel operating costs Advertising Administrative costs Insurance Total expense 0 $ 0 Net operating income

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Regular polygon ABCDE is graphed on the coordinate plane. The polygon has points C(3, 7)...

Geometry
Q

Pearl Corp. is expected to have an EBIT of $3,300,000 next year. Depreciation, the increase in...

Finance
Q

A consumer product magazine recently ran a story concerning the increasing prices of digital cameras. The...

Statistics
Q

15.) The gallbladder is an intriguing if often overlooked organ that stores bile for the liver...

Chemistry
Q

A flow chart for this: Describe the various stages that a neuron goes through when it receives...

Biology
Q

1. Phenylketonuria (PKU) is an inherited disorder in which a mutation in a single autosomal gene...

Biology
Q

the internal capsule substantia nigra red nucleus reticular formation of the dopamine releasing neurons of...

Biology
Q

The Small Business Development Centers operate at O State Universities O Colleges Both state Universities...

Biology
Q

1 The pressure 1x 10 Nm2 of the air filled in a vessel is decreased...

Physics
Q

A man weights 80 kg He stands on a weighing scale in the lift which...

Physics
Q

Given that the polynomial f(x) has degree 4, which of the following most accurately describes...

Basic Math
Q

HomeLife Life Insurance Company has two...

Accounting