Scholastic Tours is trying to decide which one of two tours it will introduce The costs and revenues associated with each alternative are listed below Eastern Tour Western Tour Projected revenue $ 16,000 $ 19,000 Variable costs 1,000 9,000 Fixed costs 5,000 5,000 Profit $ 10,000 $ 5,000 What are th...

Answer 8000 Explanation incremental differential costs of w ...

Scholastic Tours is trying to decide which one of two tours it will introduce. The costs and

Fantastic news! We've Found the answer you've been seeking!

Question:

Scholastic Tours is trying to decide which one of two tours it will introduce. The costs and revenues associated with each alternative are listed below:

	Eastern Tour		Western Tour
Projected revenue	$	16,000	$	19,000
Variable costs		1,000		9,000
Fixed costs		5,000		5,000
Profit	$	10,000	$	5,000

What are the incremental (differential) costs of the Western Tour?

3000

5000

8000

Related Book For answer-question

Supply Chain Focused Manufacturing Planning and Control

ISBN: 978-1133586715

1st edition

Authors: W. C. Benton

See More Books

Posted Date: Jan 27, 2022 04:18 AM

See More Questions

QRC Company is trying to decide which one of two alternatives it will accept. The costs and revenues associated with each alternative are listed below: What is the differential revenue for this...
Jason is trying to decide which one of two job offers he will accept. Several items are presented below: Which of the above items would be considered relevant costs? None of these (5) (2), (4) (1),...
The costs and revenues associated with two alternatives are listed below: Alternative 1 Alternative 2 Projected revenue $120,000 $150,000 Unit-level costs 24,000 36,000 Batch-level costs 24,000...
The Policy Committee of your company decides to change investment strategies. This change entails an increase in exposure to the stocks of large companies producing consumer products dominated by...
In a research study conducted to assess how companies view their long term economic prospects, representatives from 50 large companies, 100 midsized companies, and 200 small companies were contacted...
Write the Excel formula for each Poisson probability, using a mean arrival rate of 10 arrivals per hour. a. Seven arrivals. b. Three arrivals. c. Fewer than five arrivals. d. At least 11 arrivals.
In several accounting situations it seems like there is more than one acceptable way to account for a transaction. Is this a significant issue? Are there situations where it can lead to ethical...
Explain the competitive process when a firm earns a positive economic profit.
Use synthetic division to find f(c). 37 f(x) 2x3 + 3x - 4x + 4; c=3
Mr G is an accountant. Mr. G is 47 years old and is married to Claire who is 45 years old and blind. She has Net Income For Tax Purposes in 2020 of $9,000, all of which is interest on investments she...
(a) You recently attended a lecture where it was stated that "professionals all over the world should be alive to their duties and not breach the ethics of their profession". This statement was an...
In the summer of 2014, people with connections to ALS (LouGehrigs disease) raised awareness of the condition by urging people to post videos of themselves dumping buckets of ice water over their...
The harvesting of many crops can be done manually or by using a combination of machines and labor. Suppose that a crew of 15 workers using one machine produces as much output as a crew of 25 workers....
Your online reputation is vital to your successful job search. Evaluate your reputation online using the following steps. a. Search for your name on Google. What are the results on the first page? Do...
Consult the real estate section in your local paper, a real estate listings booklet, or real estate listings on the Web. Choose two homes that you might actually consider within the next 5 to 10...
Talk with your parents, another homeowner, or consult your own records to determine the amount of money that was paid in up-front closing costs for a recent closing on a home. Write a report...
Here is a management problem. A university wants to increase its online recruitment. How would you define the research problem and objectives? What are the key features of a literature review in an...
On average there are four traffic accidents in a city during one hour of rush-hour traffic. Use the Poisson distribution to calculate the probability that in one such hour there arc (a) No accidents...
Consider the greeting card company described below. a. Complete the following MPS time phased record. b. Update the record below after rolling through time.
List the components of the outsourcing consensus transition plan.
Sales for the past 12 months at Bell, Inc. are given below. a. Use a three-month moving average to forecast the sales for the months May through December. b. Use a four-month moving average to...
a. Show that the mean-squared forecast error $E\left[\left(\hat{y}_{T+1}-y_{T+1} ight)^{2} \mid I_{T} ight]$ for a forecast $\hat{y}_{T+1}$, that depends only on past information $I_{T}$, can...
Consider the AR(1) model $y_{t}=\delta+\theta y_{t-1}+e_{t}$ where $|\theta|)=0$ and $\operatorname{var}\left(e_{t} \mid I_{t-1} ight)=\sigma^{2}$. Let \(\bar{y}_{-1}=\sum_{t=2}^{T} y_{t}...
Consider a stationary model that combines the $\operatorname{AR}(2)$ model $y_{t}=\delta+\theta_{1} y_{t-1}+\theta_{2} y_{t-2}+e_{t}$ with an $\mathrm{AR}(1)$ error model \(e_{t}=ho...

Scholastic Tours is trying to decide which one of two tours it will introduce. The costs and

Question:

Expert Answer:

Answer 8000 Explanation incremental differential costs of w... View the full answer

Supply Chain Focused Manufacturing Planning and Control

Students also viewed these accounting questions