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Category > Management Posted 17 Dec 2017 My Price 10.00

5-55 Pricing at the Grand Canyon Railway

please see attachment and post your response with an explanation of the approach you took and your analysis. In what other ways could this problem have been approached?

2 paragraphs

INTRODUCTION TO MANAGEMENT ACCOUNTING 16E KRISTINA CACAJ 5-55 Pricing at the Grand Canyon Railway (Horngren, Sundem, Schatzberg, & Burgstahle 1 Option A Option B Price Offered $32 $32 Extra cost per passenger $15 $15 Total Passengers 30 Total Revenue $510.00 $480.00 Margin Option A $530 $20 Option B $253 $227 2 Which of the two options is more profitable to Grand Canyon? Co are irrelevant to this decision. Additional Costs For Option Considering the above calculations I would suggest option B a revenue than option A compared to option B. Option A yields a of $20, while Option B Yiels an extra profit of $227 The costs t both the options remain irrelevant to decision-making process guide cost, cost of moving the car and engine to the main truck cost, Comment on what costs are relevant for this decision but not for th The decision whetther to accept the proposal for option B depe additional revenues earned and costs incurred for option B, an from the two options. The option is profitable and can earn an of $227 for the company as displayed above. The cost of the to of moving the cars is impotrant for the decision making proce dependent on the decision whether the tour agent services are depreciatikon is a fixed cost, hence irrelevent as long as the ca
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Status NEW Posted 17 Dec 2017 09:12 AM My Price 10.00

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