Big Cat Rescue sells admission tickets for $9.00 per person. Variable costs are $4.50 per person...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Big Cat Rescue sells admission tickets for $9.00 per person. Variable costs are $4.50 per person and fixed costs are $39,000 per month. The company's relevant range extends to 32,000 people per month. What is the company's projected operating income if 21,000 poople tour the facity during a month? O A. $189,000 O B. $94,500 OC. $55,500 OD. $150,000 Big Cat Rescue sells admission tickets for $9.00 per person. Variable costs are $4.50 per person and fixed costs are $39,000 per month. The company's relevant range extends to 32,000 people per month. What is the company's projected operating income if 21,000 poople tour the facity during a month? O A. $189,000 O B. $94,500 OC. $55,500 OD. $150,000
Expert Answer:
Related Book For
Financial and Managerial Accounting
ISBN: 978-1285078571
12th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
Posted Date:
Students also viewed these accounting questions
-
Operating leverage measures a company s fixed costs as a percentage of its total costs It is used to evaluate the break even point of a business as well as the likely profit levels on individual...
-
Fixed costs per annum P60 000 Unit selling price 20 Unit variable cost 10 Relevant range 4 00012 000 units REQUIRED: Calculate the following: a. Break-Even Point in b. Units to be sold to obtain the...
-
Variable manufacturing costs are $ 11 per unit, and fixed manufacturing costs are $55,000. Sales are estimate to be 10,000 units. (a) How much would absorption costing income from operations differ...
-
Express the traction boundary condition (12.3.8) in terms of displacement and temperature for the plane stress problem. Equation 12.3.8 T = Oxnx + xyny = (Tr), T" = Txynx + ayny
-
Clay Corporation has been an S corporation since its incorporation 10 years ago. During the first three years of operations, it incurred total losses of $250,000. Since then, Clay has generated...
-
In 2015, the Slidell Corporation incurred research and development costs as follows: Materials and equipment . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . ....
-
Describe the various roles of advanced practice nurses.
-
Rex Baker and Ty Farney are forming a partnership to which Baker will devote one-half time and Farney will devote full time. They have discussed the following alternative plans for sharing income and...
-
Business Law Assignment: 2.) Accidents on the workplace: methods of treatment. b.) In your research paper, explore how different businesses handle such situations. Are these methods always legal?
-
The Income Statement and Balance Sheet consistently tell a financial story. That story has many chapters and can change dramatically based upon macroeconomic conditions. Locate the Form 10-K of a...
-
When a client loses on some or all of their claims at trial they must then consider their next steps. What factors would be most important to a litigant in making her decision as to whether she...
-
What are some advantages and disadvantages of a cyber security policy in an HR manual?
-
What do you see as the United States' biggest domestic terrorism threat today
-
What industry sectors are most likely to add jobs during a down economy? During an improving economy? Are there employment sectors that are essentially unaffected by economic fluctuations?
-
Method number 1. Include each product's traceable fixed costs and an allocated share of the common fixed costs in the numerator of each break-even calculation. The common fixed costs would be...
-
knowing why : what factors have motivated you to choose this career pathway? These should include: occupational interests - strengths - values - knowing what : what career are you interested in...
-
7. Relate Riemann integrals: Prove the two theorems of Pappus: (a) The area of the surface of revolution which is produced by a plane arc when it is rotated about an axis on the same plane with the...
-
The cost curve for the city water supply is C(Q) = 16 + 1/4 Q2, where Q is the amount of water supplied and C(Q) is the cost of providing Q acre-feet of water. (An acre-foot is the amount of water...
-
Cornucopia Inc. is planning to invest in new manufacturing equipment to make a new garden tool. The new garden tool is expected to generate additional annual sales of 4,000 units at $ 68 each. The...
-
The following are inputs and outputs to the copying process of a copy shop: Percent jobs done on time Number of times paper supply runs out Number of pages copied per hour Number of employee errors...
-
Assume you are the division controller for Auntie Ms Cookie Company. Auntie M has introduced a new chocolate chip cookie called Full of chips, and it is a success. As a result, the product manager...
-
Describe the significance of the term filious nullius.
-
Calculate the isentropic compressibility for air at a pressure of \(0.5 \mathrm{~atm}\). Compare the result with that for the isothermal compressibility obtained in Example 1.3. Data From Example...
-
Describe the nature and significance of the biology plus approach to establishing parental rights for unwed fathers.
Study smarter with the SolutionInn App