Question

During the school year, the hometeam school band arranges concert dates in many communities. Because only...

During the school year, the hometeam school band arranges concert dates in many communities. Because only part of the school's travel expenses are covered by the concert admission fees, the band raises money to help defray its operating expenses through events in the local community such as car washer. To estimate its expenses for the upcoming year, the bands manager has estimated the number of concert dates for each of the school months, September through May. For each concert, the manager estimates hotel costs of $900, food costs of $430, bus rental costs of $500, and other costs of $160. The following table presents the number of planned concerts during the upcoming year.

Hometeam School Band Scheduled Concerts

Month

Scheduled Concerts

Month

Scheduled Concerts

September

2

February

4

October

5

March

5

November

4

April

6

December

9

May

7

January

5

Requirement:

Prepare a monthly schedule estimating the band’s travel expenses.

Hometeam School Band Estimated Travel Expenses

Month

Hotel

Food

Bus

Other

Total

September

October

November

December

January

February

March

April

May

Homework Answers

Answer #1

Monthly schedule estimating the band’s travel expenses.

Hometeam School Band Estimated Travel Expenses

Month

Hotel

Food

Bus

Other

Total

September

900*2=1800

430*2=860

500*2=1000

160*2=320

3980

October

900*5=4500

430*5=2150

500*5=2500

160*5=800

9950

November

900*4=3600

430*4=1720

500*4=2000

160*4=640

7960

December

900*9=8100

430*9=3870

500*9=4500

160*9=1440

17910

January

900*5=4500

430*5=2150

500*5=2500

160*5=800

9950

February

900*4=3600

430*4=1720

500*4=2000

160*4=640

7960

March

900*5=4500

430*5=2150

500*5=2500

160*5=800

9950

April

900*6=5400

430*6=2580

500*6=3000

160*6=960

11940

May

900*7=6300

430*7=3010

500*7=3500

160*7=1120

13930

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The Jedi Hotel has been tracking its property repairs and maintenance costs (PR&M) over the past...
The Jedi Hotel has been tracking its property repairs and maintenance costs (PR&M) over the past year. The results were as follows for the year: The Jedi Hotel Month Activity (Room Nights Sold) PR&M Costs January 2050 $3,225 February 2800 $3,754 March 3200 $3,947 April 3800 $4,091 May 4100 $4,572 June 4350 $5,583 July 4700 $5,824 August 4900 $6,257 September 4500 $5,727 October 3300 $3,995 November 2700 $3,706 December 2400 $3,465 Required: Using the high-low two point method: 1. Calculate...
Problem 1. The Jedi Hotel has been tracking its property repairs and maintenance costs (PR&M) over...
Problem 1. The Jedi Hotel has been tracking its property repairs and maintenance costs (PR&M) over the past year. The results were as follows for the year: The Jedi Hotel Month Activity (Room Nights Sold) PR&M Costs January 2050 $6,180 February 2800 $7,195 March 3200 $7,564 April 3800 $7,840 May 4100 $8,763 June 4350 $10,700 July 4700 $11,161 August 4900 $11,991 September 4500 $10,977 October 3300 $7,656 November 2700 $7,102 December 2400 $6,641 Required: Using the high-low two point method:...
Only a Game Inc. Cash Budgeting This really is great! We’ve only been producing the “Sticky...
Only a Game Inc. Cash Budgeting This really is great! We’ve only been producing the “Sticky Fingers” for six months and look at the profits. Sales projections for the future go nowhere but up, up, up! I’m going to take my family on a well-deserved vacation. They’ve put up with a lot; I haven’t been home much at all getting this started. We need some quality time together. All this hectic activity has left me mighty tired, so a break...
Nurseries grows and sells garden plants. The nursery is active between January and October each year....
Nurseries grows and sells garden plants. The nursery is active between January and October each year. During January, the potting tables and equipment are prepared. The potting and seeding are done in February. In March and April, the plants are cultivated, watered, and fertilized. May and June are the peak selling months. July, August, and September are the peak months for visiting customers in their homes to provide them with advice and help solve their problems. During October, the equipment...
You have been appointed the new management accountant for the Hilton Garden Inn which is a...
You have been appointed the new management accountant for the Hilton Garden Inn which is a 153 room three star hotel opposite Stadium. Your first job is to do an analysis of future labor expense - which is the largest expense category for the hotel. Below is the data for the hotel labor expenses and hotel occupancy rate (room nights – total number of rooms occupied for the month) for the past 11 months: Month Occupancy Rate (x) Hotel Labor...
The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of...
The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year. An occupancy-day represents a room rented for one day. The hotel's business is highly seasonal, with peaks occurring during the ski season and in the summer. Month, Occupancy-Days, Electrical Costs January 2,710 $5,270 February 3,600 $6,205 March 860 $2,150      April 2,170 $4,350      May 4,200 $7,160      June 1,530 $3,825 July 4,110 $7,050 August 4,060...
The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of...
The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year. An occupancy-day represents a room rented out for one day. The hotel's business is highly seasonal, with peaks occurring during the ski season and in the summer.   Month Occupancy- Days Electrical Costs   January 3,240          $ 8,622   February 3,060          $ 8,228   March 1,150          $ 3,910         April 2,260          $ 7,684...
The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of...
The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year. An occupancy-day represents a room rented for one day. The hotel's business is highly seasonal, with peaks occurring during the ski season and in the summer. Month Occupancy-Days Electrical Costs January 1,736 $ 4,127 February 1,904 $ 4,207 March 2,356 $ 5,083 April 960 $ 2,857 May 360 $ 1,871 June 744 $...
Exercise 6A-1 High-Low Method [LO6-10] The Cheyenne Hotel in Big Sky, Montana, has accumulated records of...
Exercise 6A-1 High-Low Method [LO6-10] The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year. An occupancy-day represents a room rented for one day. The hotel's business is highly seasonal, with peaks occurring during the ski season and in the summer. Month Occupancy-Days Electrical Costs January 1,736 $ 4,127 February 1,904 $ 4,207 March 2,356 $ 5,083 April 960 $ 2,857 May 360...
The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of...
The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year. An occupancy-day represents a room rented for one day. The hotel’s business is highly seasonal, with peaks occurring during the ski season and in the summer. Month Occupancy-Days Electrical Costs January 3,350 $ 9,241 February 3,610 $ 9,666 March 1,680 $ 5,208       April 1,230 $ 3,813       May 4,380 $ 10,428      ...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT