Read the three attachments first Which RevPAR is better for the hotel owner and/or a hotel manager: the one in March or the one in April? Is there a meaningful difference? What did Lance learn after he developed the first and second performance incentives for Barbara?
Sun Mon Tue Wed Thu Fri Sat Occupancy 56.3 68.2 76.5 82.9 87.2 82.2 80.9 ADR $115.21 $165.80 $170.95 $182.62 $187.38 $184.52 $196.83 RevPAR $64.86 $113.08 $130.78 $151.39 $163.40 $151.68 $159.24 1. What day has the highest RevPAR? 2. What day has the highest ADR? 3. Which performance Metric is the main driver of … Read more
Evaluate the financial performance of the Segments of a company. Step 1. Choose a company (either your employer, if publicly traded; or the company listed below based on your last name: Last Name Begins with: A – C: Apple D – G: Proctor & Gable H – K: Johnson & Johnson L – P: PepsiCo … Read more
Need an expert to be able solve questions similar to below: 1. Calculate the direct materials price variance. 2. Calculate the direct materials quantity variance. 3. Calculate the direct materials variance. 4. Calculate the direct labor rate variance. 5. Calculate the direct labor efficiency variance. 6. Calculate the direct labor spending variance.
1. Read the case 2. Use the exhibits in the Excel file to prepare a six-month budget. Use the blanks tab in the Excel file to prepare: a. Sales budget b. Production budget (note: ending inventory should be 300 units + 20% of next month’s sales) c. Purchases budget d. Cash budget (note the collections … Read more
Assuming the role of an accountant, your new client Suzie Maye needs help in setting up basic accounting practices for her business. You begin by showing her how to set up a transaction analysis based on the accounting equation of Assets = Liabilities + Owner’s Assets. You show Suzie how to enter the various assets, … Read more
Assuming the role of an accountant, your new client Suzie Maye needs help in setting up basic accounting practices for her business. You begin by showing her how to set up a transaction analysis based on the accounting equation of Assets = Liabilities + Owner’s Assets. You show Suzie how to enter the various assets, … Read more
The Super Hero Theme Park was started on January 1 of the current year by Dr. Strange. The following selected events and transactions occurred during January: 1-Jan Jack Strange, the owner, invested $50,000 in the business. 5-Jan Purchased equipment for $100,000 on account from The Gotham Company. 8-Jan Incurred advertising expense of $1,800 on account … Read more
Assuming the role of an accountant, your new client Suzie Maye needs help in setting up basic accounting practices for her business. You begin by showing her how to set up a transaction analysis based on the accounting equation of Assets = Liabilities + Owner’s Assets. You show Suzie how to enter the various assets, … Read more
The Super Hero Theme Park was started on January 1 of the current year by Dr. Strange. The following selected events and transactions occurred during January: 1-Jan Jack Strange, the owner, invested $50,000 in the business. 5-Jan Purchased equipment for $100,000 on account from The Gotham Company. 8-Jan Incurred advertising expense of $1,800 on account … Read more