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KIM [24]
2 years ago
5

Analyze Cityscape Hotels Cityscape Hotels has 200 rooms available in a major metropolitan city. The hotel is able to attract bus

iness customers during the weekdays and leisure customers during the weekend. However, the leisure customers on weekends occupy fewer rooms than do business customers on weekdays. Thus, Cityscape plans to provide special weekend pricing to attract additional leisure customers. A hotel room is priced at $180 per room night. The cost of a hotel room night includes the following: Cost Per Room Night (at normal occupancy) Housekeeping service $23 Utilities 7 Amenities 3 Hotel depreciation 55 Hotel staff (excluding housekeeping) 42 Total $130 The special weekend price is proposed for $120 per room night. At this price, it is anticipated that average occupancy for the weekend (Friday, Saturday, and Sunday) will increase from 30% to 50% of available rooms. a. What is the contribution margin for a room night under the normal pricing if only the hotel depreciation and hotel staff (excluding housekeeping) are assumed fixed for all occupancy levels
Business
1 answer:
Ksivusya [100]2 years ago
4 0

Answer:

$147

Explanation:

For the computation of contribution margin for a room night first we need to find out the variable cost per night which is shown below:-

Variable cost per room night = Housekeeping service + Utilities + Amenities

= $23 + $7 + $3

= $33 per room night

Contribution per room night under normal pricing = Normal price per room night - Variable cost per room night

= $180 - $33

= $147 per room night

Therefore for computing the contribution margin for a room night we simply applied the above formula.

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Answer:

The correct answer is letter "D": strategy.

Explanation:

Organizations must come up with different strategies at the moment of starting their operations. Every entity needs to create contingency plans to use them as tools in front of adverse situations. Otherwise, when problems come, enterprises will not know what to do to mitigate the impact of those issues.

Therefore,<em> the lack of thought-out anticipation change forces the company where Carlos, Juan, and Rita work to make a strategy change.</em>

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2 years ago
QUESTION 4 of 10: A clothing designer is looking for a job that can cover her living expenses of $5,000 per month. If she plans
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Answer:

$31.25

Explanation:

40 hours a week x 4 weeks a month = 160 hours of work per month

$5,000 divided by 160 = $31.25

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2 years ago
Production possibilities frontiers are usually bowed outward. This is because Group of answer choices 1.it reflects the fact tha
harkovskaia [24]

Answer:

3. the more resources a society uses to produce one good, the fewer resources it has available to produce another

Explanation:

The production possibilities frontier (PPF) is a curve that shows the trade-offs that a person, firm, or country has to incurr when producing two goods.

As economic agents have limited resources, they can only produce a limited amount of one good over the other.

If more resources are devoted to the production of one good, for example, butter, then, less resources are left for the production of the other good, for example, guns.

With each additional unit of butter produced, more resources are spent, which means that less resources are available to produce guns.

In other words, the opportunity cost of producing butter increases as more butter is made, causing the PPF to bow outward.

4 0
2 years ago
Norma Company had 10,000 units in work in process at January 1 that were 50 percent complete. During January, 25,000 units were
ZanzabumX [31]

Answer:

b. 29,800.

Explanation:

Number of units out in January =  25,000 units completed during month  + 80% of 6,000 units completed at month end  

= 25,000 + 4,800  

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5 0
2 years ago
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Mary's company trained her to perform managerial functions, formulate innovative strategies, and also solve technical issues. Gi
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Answer: Cross-training

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 According to the given question, Mary's  company give training for managing the various types of managerial level operations and functions and based on the given information Mary's company is providing the cross training.

The cross training is one of the type of training that is provided by an organization to their employees for developing their skills and knowledge.

The main objective of the cross training is that it helps an employee to boost their skills, functions so that it improves the quality and the productivity of an organization.

 Therefore, Cross training is the correct answer.      

3 0
2 years ago
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