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

 

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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 accommodated on the tour boat. Data concerning the company's cost formulas appear below: Vessel operating costs Advertising Administrative costs Insurance Fixed Cost Cost per per Month Cruise $ 6,100 $471.00 $ 2,400 $5,400 $39.00 $ 3,500 For example, vessel operating costs should be $6,100 per month plus $471.00 per cruise plus $3.40 per passenger. The company's sales should average $31.00 per passenger. In July, the company provided 50 cruises for a total of 3,200 passengers, Required: Prepare the company's flexible budget for July. Revenue Cost per Passenger $3.40 $1.50 Alyeski Tours Flexible Budget For the Month Ended July 31 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 accommodated on the tour boat. Data concerning the company's cost formulas appear below: Vessel operating costs Advertising Administrative costs Insurance Fixed Cost Cost per per Month Cruise $ 6,100 $471.00 $ 2,400 $5,400 $39.00 $ 3,500 For example, vessel operating costs should be $6,100 per month plus $471.00 per cruise plus $3.40 per passenger. The company's sales should average $31.00 per passenger. In July, the company provided 50 cruises for a total of 3,200 passengers, Required: Prepare the company's flexible budget for July. Revenue Cost per Passenger $3.40 $1.50 Alyeski Tours Flexible Budget For the Month Ended July 31 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 accommodated on the tour boat. Data concerning the company's cost formulas appear below: Vessel operating costs Advertising Administrative costs Insurance Fixed Cost Cost per per Month Cruise $ 6,100 $471.00 $ 2,400 $5,400 $39.00 $ 3,500 For example, vessel operating costs should be $6,100 per month plus $471.00 per cruise plus $3.40 per passenger. The company's sales should average $31.00 per passenger. In July, the company provided 50 cruises for a total of 3,200 passengers, Required: Prepare the company's flexible budget for July. Revenue Cost per Passenger $3.40 $1.50 Alyeski Tours Flexible Budget For the Month Ended July 31

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Here is the flexible budget for Alyeski Tours for the month of July Revenue Sales per passenger 31 N... View the full answer