Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 18 Aug 2017 My Price 5.00

rooms operations

Problem #5 The Lucas Inn has room and food operations. The rooms operations provide 65% of the total revenue and has variable cost of 25%. The food operation provides 35% of the total revenue cost and has variable cost of 60%. The total annual fixed cost are $300,000.

1.what is the CMR for the rooms operation?

 

2.what is the CMR for the food operation?

 

3.what is the weighted average CMR for the Lucas Inn?

 

4.what is the breakeven point?

 

5. If the average tax rate is 20%, what is the annual revenue required to achieve annual net income of $100,000.

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Maurice Tutor
(5)
Status NEW Posted 18 Aug 2017 05:08 PM My Price 5.00

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