6 In the late 1930s and early 1940s, Joe Louis handily defeated a series of opponents who came to be known as the “Bum of the Month Club.” Use what you know about rank-order tournaments to explain how this came about.
In: Economics
We have provided you the Hotel database to be used with SQLite DBMS. You should use this database in SQLite to extract the necessary information as per the following query requirements.
The sqlite script is based on the following relational schema:
•Hotel (hotelNo, hotelName, city)
• Room (roomNo, hotelNo, type, price)
• Booking (hotelNo, guestNo, dateFrom, dateTo, roomNo)
•Guest (guestNo, guestName, guestAddress)
Note the following details of the hotel database;
•Hotel contains hotel details and hotelNo is the primary key;
•Room contains room details for each hotel and (roomNo, hotelNo) forms the primary key;
•Booking contains details of bookings and (hotelNo,guestNo,dateFrom) forms the primary key;
•Guest contains guest details and guestNo is the primary key.
Write an SQLite script for querying data.
•List hotelNo, type and price of each double or deluxe room with a price more than $99.
•List hotelNo who have more than 2 double rooms.
•List number of different guests who visited Ridge Hotel.
•What is the total income from bookings for the Grosvenor Hotel? .
•List all the guests who have stayed in a hotel.
Task 3 [3 marks]
Perform the following tasks.
•Write commands to insert rows in each of the Hotel database tables .
•Write a command to delete the row you inserted in the table Guest .
•Write a command to update the price of all rooms by 10% (1 mark).
In: Computer Science
The Little Theatre is a nonprofit organization devoted to staging plays for children. The theater has a very small full-time professional administrative staff. Through a special arrangement with the actors’ union, actors and directors rehearse without pay and are paid only for actual performances.
The Little Theatre had tentatively planned to put on six different productions with a total of 108 performances. For example, one of the productions was Peter Rabbit, which had a six-week run with three performances on each weekend. The costs from the current year’s planning budget appear below.
| The Little Theatre Costs from the Planning Budget For the Year Ended December 31 |
||
| Budgeted number of productions | 6 | |
| Budgeted number of performances | 108 | |
| Actors and directors wages | $ | 250,560 |
| Stagehands wages | 66,960 | |
| Ticket booth personnel and ushers wages | 50,760 | |
| Scenery, costumes, and props | 109,920 | |
| Theater hall rent | 88,560 | |
| Printed programs | 61,560 | |
| Publicity | 13,920 | |
| Administrative expenses | 47,520 | |
| Total | $ | 689,760 |
Some of the costs vary with the number of productions, some with the number of performances, and some are fixed and depend on neither the number of productions nor the number of performances. The costs of scenery, costumes, props, and publicity vary with the number of productions. It doesn’t make any difference how many times Peter Rabbit is performed, the cost of the scenery is the same. Likewise, the cost of publicizing a play with posters and radio commercials is the same whether there are 10, 20, or 30 performances of the play. On the other hand, the wages of the actors, directors, stagehands, ticket booth personnel, and ushers vary with the number of performances. The greater the number of performances, the higher the wage costs will be. Similarly, the costs of renting the hall and printing the programs will vary with the number of performances. Administrative expenses are more difficult to analyze, but the best estimate is that approximately 75% of the budgeted costs are fixed, 15% depend on the number of productions staged, and the remaining 10% depend on the number of performances.
After the beginning of the year, the board of directors of the theater authorized expanding the theater’s program to seven productions and a total of 168 performances. Not surprisingly, actual costs were considerably higher than the costs from the planning budget. (Grants from donors and ticket sales were also correspondingly higher, but are not shown here.) Data concerning the actual costs appear below:
| The Little Theatre Actual Costs For the Year Ended December 31 |
||
| Actual number of productions | 7 | |
| Actual number of performances | 168 | |
| Actors and directors wages | $ | 430,800 |
| Stagehands wages | 102,500 | |
| Ticket booth personnel and ushers wages | 81,900 | |
| Scenery, costumes, and props | 132,200 | |
| Theater hall rent | 127,600 | |
| Printed programs | 87,900 | |
| Publicity | 18,300 | |
| Administrative expenses | 52,400 | |
| Total | $ | 1,033,600 |
Required:
1. Prepare a flexible budget for The Little Theatre based on the actual activity of the year.
2. Prepare a report for the year that shows the spending variances for all expense items.
In: Accounting
The Little Theatre is a nonprofit organization devoted to staging plays for children. The theater has a very small full-time professional administrative staff. Through a special arrangement with the actors’ union, actors and directors rehearse without pay and are paid only for actual performances.
The Little Theatre had tentatively planned to put on six different productions with a total of 108 performances. For example, one of the productions was Peter Rabbit, which had a six-week run with three performances on each weekend. The costs from the current year’s planning budget appear below.
| The Little Theatre Costs from the Planning Budget For the Year Ended December 31 |
||
| Budgeted number of productions | 6 | |
| Budgeted number of performances | 108 | |
| Actors and directors wages | $ | 252,720 |
| Stagehands wages | 69,120 | |
| Ticket booth personnel and ushers wages | 52,920 | |
| Scenery, costumes, and props | 110,040 | |
| Theater hall rent | 90,720 | |
| Printed programs | 63,720 | |
| Publicity | 14,040 | |
| Administrative expenses | 79,920 | |
| Total | $ | 733,200 |
Some of the costs vary with the number of productions, some with the number of performances, and some are fixed and depend on neither the number of productions nor the number of performances. The costs of scenery, costumes, props, and publicity vary with the number of productions. It doesn’t make any difference how many times Peter Rabbit is performed, the cost of the scenery is the same. Likewise, the cost of publicizing a play with posters and radio commercials is the same whether there are 10, 20, or 30 performances of the play. On the other hand, the wages of the actors, directors, stagehands, ticket booth personnel, and ushers vary with the number of performances. The greater the number of performances, the higher the wage costs will be. Similarly, the costs of renting the hall and printing the programs will vary with the number of performances. Administrative expenses are more difficult to analyze, but the best estimate is that approximately 75% of the budgeted costs are fixed, 15% depend on the number of productions staged, and the remaining 10% depend on the number of performances.
After the beginning of the year, the board of directors of the theater authorized expanding the theater’s program to seven productions and a total of 168 performances. Not surprisingly, actual costs were considerably higher than the costs from the planning budget. (Grants from donors and ticket sales were also correspondingly higher, but are not shown here.) Data concerning the actual costs appear below:
| The Little Theatre Actual Costs For the Year Ended December 31 |
||
| Actual number of productions | 7 | |
| Actual number of performances | 168 | |
| Actors and directors wages | $ | 436,500 |
| Stagehands wages | 105,800 | |
| Ticket booth personnel and ushers wages | 85,400 | |
| Scenery, costumes, and props | 132,300 | |
| Theater hall rent | 130,700 | |
| Printed programs | 91,000 | |
| Publicity | 18,500 | |
| Administrative expenses | 98,500 | |
| Total | $ | 1,098,700 |
Required:
1. Prepare a flexible budget performance report for the year that shows both spending variances and activity variances. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.
In: Accounting
The Little Theatre is a nonprofit organization devoted to staging plays for children. The theater has a very small full-time professional administrative staff. Through a special arrangement with the actors’ union, actors and directors rehearse without pay and are paid only for actual performances.
The Little Theatre had tentatively planned to put on six different productions with a total of 108 performances. For example, one of the productions was Peter Rabbit, which had a six-week run with three performances on each weekend. The costs from the current year’s planning budget appear below.
| The Little Theatre Costs from the Planning Budget For the Year Ended December 31 |
||
| Budgeted number of productions | 6 | |
| Budgeted number of performances | 108 | |
| Actors and directors wages | $ | 226,800 |
| Stagehands wages | 43,200 | |
| Ticket booth personnel and ushers wages | 27,000 | |
| Scenery, costumes, and props | 108,600 | |
| Theater hall rent | 64,800 | |
| Printed programs | 37,800 | |
| Publicity | 12,600 | |
| Administrative expenses | 54,000 | |
| Total | $ | 574,800 |
Some of the costs vary with the number of productions, some with the number of performances, and some are fixed and depend on neither the number of productions nor the number of performances. The costs of scenery, costumes, props, and publicity vary with the number of productions. It doesn’t make any difference how many times Peter Rabbit is performed, the cost of the scenery is the same. Likewise, the cost of publicizing a play with posters and radio commercials is the same whether there are 10, 20, or 30 performances of the play. On the other hand, the wages of the actors, directors, stagehands, ticket booth personnel, and ushers vary with the number of performances. The greater the number of performances, the higher the wage costs will be. Similarly, the costs of renting the hall and printing the programs will vary with the number of performances. Administrative expenses are more difficult to analyze, but the best estimate is that approximately 75% of the budgeted costs are fixed, 15% depend on the number of productions staged, and the remaining 10% depend on the number of performances.
After the beginning of the year, the board of directors of the theater authorized expanding the theater’s program to seven productions and a total of 168 performances. Not surprisingly, actual costs were considerably higher than the costs from the planning budget. (Grants from donors and ticket sales were also correspondingly higher, but are not shown here.) Data concerning the actual costs appear below:
| The Little Theatre Actual Costs For the Year Ended December 31 |
||
| Actual number of productions | 7 | |
| Actual number of performances | 168 | |
| Actors and directors wages | $ | 369,100 |
| Stagehands wages | 66,200 | |
| Ticket booth personnel and ushers wages | 43,400 | |
| Scenery, costumes, and props | 131,100 | |
| Theater hall rent | 93,500 | |
| Printed programs | 53,800 | |
| Publicity | 16,100 | |
| Administrative expenses | 62,500 | |
| Total | $ | 835,700 |
Required:
1. Prepare a flexible budget performance report for the year that shows both spending variances and activity variances. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)
In: Accounting
The Little Theatre is a nonprofit organization devoted to staging plays for children. The theater has a very small full-time professional administrative staff. Through a special arrangement with the actors’ union, actors and directors rehearse without pay and are paid only for actual performances. The Little Theatre had tentatively planned to put on six different productions with a total of 108 performances. For example, one of the productions was Peter Rabbit, which had a six-week run with three performances on each weekend. The costs from the current year’s planning budget are:
Budgeted number of productions: 6
Budgeted number of performances: 108
Actors and Directors wages: $226,800
Stagehands wages $43,200
Ticket booth personnel and ushers wages $27,000
Scenery, costumes and props 108,600
Theater hall rent $64,800
Printed programs $37,800
Publicity $12,600
Administrative expenses $54,000
Total: $574,800
Some of the costs vary with the number of productions, some with the number of performances, and some are fixed and depend on neither the number of productions nor the number of performances. The costs of scenery, costumes, props, and publicity vary with the number of productions. It doesn’t make any difference how many times Peter Rabbit is performed, the cost of the scenery is the same. Likewise, the cost of publicizing a play with posters and radio commercials is the same whether there are 10, 20, or 30 performances of the play. On the other hand, the wages of the actors, directors, stagehands, ticket booth personnel, and ushers vary with the number of performances. The greater the number of performances, the higher the wage costs will be. Similarly, the costs of renting the hall and printing the programs will vary with the number of performances. Administrative expenses are more difficult to analyze, but the best estimate is that approximately 75% of the budgeted costs are fixed, 15% depend on the number of productions staged, and the remaining 10% depend on the number of performances. After the beginning of the year, the board of directors of the theater authorized expanding the theater’s program to seven productions and a total of 168 performances. Not surprisingly, actual costs were considerably higher than the costs from the planning budget. (Grants from donors and ticket sales were also correspondingly higher, but are not shown here.) Data concerning the actual costs appear below:
Actual number of productions: 7
Actual number of performances: 168
Actors and Directors wages: $369,100
Stagehands wages $66,200
Ticket booth personnel and ushers wages $43,400
Scenery, costumes and props $131,000
Theater hall rent $93,500
Printed programs $53,800
Publicity $16,100
Administrative expenses $62,500
Total: $835,700
1. Prepare a flexible budget performance report for the year that shows both spending variances and activity variances. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)
In: Accounting
The Little Theatre is a nonprofit organization devoted to staging plays for children. The theater has a very small full-time professional administrative staff. Through a special arrangement with the actors’ union, actors and directors rehearse without pay and are paid only for actual performances.
The Little Theatre had tentatively planned to put on six different productions with a total of 108 performances. For example, one of the productions was Peter Rabbit, which had a six-week run with three performances on each weekend. The costs from the current year’s planning budget appear below.
| The Little Theatre Costs from the Planning Budget For the Year Ended December 31 |
||
| Budgeted number of productions | 6 | |
| Budgeted number of performances | 108 | |
| Actors and directors wages | $ | 233,280 |
| Stagehands wages | 49,680 | |
| Ticket booth personnel and ushers wages | 33,480 | |
| Scenery, costumes, and props | 108,960 | |
| Theater hall rent | 71,280 | |
| Printed programs | 44,280 | |
| Publicity | 12,960 | |
| Administrative expenses | 60,480 | |
| Total | $ | 614,400 |
Some of the costs vary with the number of productions, some with the number of performances, and some are fixed and depend on neither the number of productions nor the number of performances. The costs of scenery, costumes, props, and publicity vary with the number of productions. It doesn’t make any difference how many times Peter Rabbit is performed, the cost of the scenery is the same. Likewise, the cost of publicizing a play with posters and radio commercials is the same whether there are 10, 20, or 30 performances of the play. On the other hand, the wages of the actors, directors, stagehands, ticket booth personnel, and ushers vary with the number of performances. The greater the number of performances, the higher the wage costs will be. Similarly, the costs of renting the hall and printing the programs will vary with the number of performances. Administrative expenses are more difficult to analyze, but the best estimate is that approximately 75% of the budgeted costs are fixed, 15% depend on the number of productions staged, and the remaining 10% depend on the number of performances.
After the beginning of the year, the board of directors of the theater authorized expanding the theater’s program to seven productions and a total of 168 performances. Not surprisingly, actual costs were considerably higher than the costs from the planning budget. (Grants from donors and ticket sales were also correspondingly higher, but are not shown here.) Data concerning the actual costs appear below:
| The Little Theatre Actual Costs For the Year Ended December 31 |
||
| Actual number of productions | 7 | |
| Actual number of performances | 168 | |
| Actors and directors wages | $ | 385,700 |
| Stagehands wages | 76,100 | |
| Ticket booth personnel and ushers wages | 53,900 | |
| Scenery, costumes, and props | 131,400 | |
| Theater hall rent | 102,800 | |
| Printed programs | 63,100 | |
| Publicity | 16,700 | |
| Administrative expenses | 71,500 | |
| Total | $ | 901,200 |
Required:
1. Prepare a flexible budget performance report for the year that shows both spending variances and activity variances. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)
In: Accounting
The Little Theatre is a nonprofit organization devoted to staging plays for children. The theater has a very small full-time professional administrative staff. Through a special arrangement with the actors’ union, actors and directors rehearse without pay and are paid only for actual performances.
The Little Theatre had tentatively planned to put on eight different productions with a total of 60 performances. For example, one of the productions was Peter Rabbit, which had a eight-week run with three performances on each weekend. The costs from the current year’s planning budget appear below.
|
The Little Theatre Costs from the Planning Budget For the Year Ended December 31 |
||
| Budgeted number of productions | 8 | |
| Budgeted number of performances | 60 | |
| Actors and directors wages | $ | 120,000 |
| Stagehands wages | 24,000 | |
| Ticket booth personnel and ushers wages | 13,200 | |
| Scenery, costumes, and props | 64,000 | |
| Theater hall rent | 42,000 | |
| Printed programs | 13,200 | |
| Publicity | 16,000 | |
| Administrative expenses | 46,000 | |
| Total | $ | 338,400 |
Some of the costs vary with the number of productions, some with the number of performances, and some are fixed and depend on neither the number of productions nor the number of performances. The costs of scenery, costumes, props, and publicity vary with the number of productions. It doesn’t make any difference how many times Peter Rabbit is performed, the cost of the scenery is the same. Likewise, the cost of publicizing a play with posters and radio commercials is the same whether there are 10, 20, or 30 performances of the play. On the other hand, the wages of the actors, directors, stagehands, ticket booth personnel, and ushers vary with the number of performances. The greater the number of performances, the higher the wage costs will be. Similarly, the costs of renting the hall and printing the programs will vary with the number of performances. Administrative expenses are more difficult to pin down, but the best estimate is that approximately 65% of the budgeted costs are fixed, 20% depend on the number of productions staged, and the remaining 15% depend on the number of performances.
After the beginning of the year, the board of directors of the theater authorized expanding the theater’s program to seven productions and a total of 64 performances. Not surprisingly, actual costs were considerably higher than the costs from the planning budget. (Grants from donors and ticket sales were also correspondingly higher, but are not shown here.) Data concerning the actual costs appear below:
|
The Little Theatre Actual Costs For the Year Ended December 31 |
||
| Actual number of productions | 7 | |
| Actual number of performances | 64 | |
| Actors and directors wages | $ | 124,000 |
| Stagehands wages | 25,000 | |
| Ticket booth personnel and ushers wages | 14,700 | |
| Scenery, costumes, and props | 60,300 | |
| Theater hall rent | 46,600 | |
| Printed programs | 13,650 | |
| Publicity | 15,000 | |
| Administrative expenses | 44,450 | |
| Total | $ | 343,700 |
|
Required: 1. Prepare a flexible budget performance report for the year that shows both spending variances and activity variances. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) |
||
In: Accounting
The Little Theatre is a nonprofit organization devoted to staging plays for children. The theater has a very small full-time professional administrative staff. Through a special arrangement with the actors’ union, actors and directors rehearse without pay and are paid only for actual performances.
The Little Theatre had tentatively planned to put on six different productions with a total of 108 performances. For example, one of the productions was Peter Rabbit, which had a six-week run with three performances on each weekend. The costs from the current year’s planning budget appear below.
|
The Little Theatre Costs from the Planning Budget For the Year Ended December 31 |
||
| Budgeted number of productions | 6 | |
| Budgeted number of performances | 108 | |
| Actors and directors wages | $ | 235,440 |
| Stagehands wages | 51,840 | |
| Ticket booth personnel and ushers wages | 35,640 | |
| Scenery, costumes, and props | 109,080 | |
| Theater hall rent | 73,440 | |
| Printed programs | 46,440 | |
| Publicity | 13,080 | |
| Administrative expenses | 44,460 | |
| Total | $ | 609,420 |
Some of the costs vary with the number of productions, some with the number of performances, and some are fixed and depend on neither the number of productions nor the number of performances. The costs of scenery, costumes, props, and publicity vary with the number of productions. It doesn’t make any difference how many times Peter Rabbit is performed, the cost of the scenery is the same. Likewise, the cost of publicizing a play with posters and radio commercials is the same whether there are 10, 20, or 30 performances of the play. On the other hand, the wages of the actors, directors, stagehands, ticket booth personnel, and ushers vary with the number of performances. The greater the number of performances, the higher the wage costs will be. Similarly, the costs of renting the hall and printing the programs will vary with the number of performances. Administrative expenses are more difficult to analyze, but the best estimate is that approximately 75% of the budgeted costs are fixed, 15% depend on the number of productions staged, and the remaining 10% depend on the number of performances.
After the beginning of the year, the board of directors of the theater authorized expanding the theater’s program to seven productions and a total of 168 performances. Not surprisingly, actual costs were considerably higher than the costs from the planning budget. (Grants from donors and ticket sales were also correspondingly higher, but are not shown here.) Data concerning the actual costs appear below:
|
The Little Theatre Actual Costs For the Year Ended December 31 |
||
| Actual number of productions | 7 | |
| Actual number of performances | 168 | |
| Actors and directors wages | $ | 391,300 |
| Stagehands wages | 79,400 | |
| Ticket booth personnel and ushers wages | 57,400 | |
| Scenery, costumes, and props | 131,500 | |
| Theater hall rent | 105,900 | |
| Printed programs | 66,200 | |
| Publicity | 16,900 | |
| Administrative expenses | 49,300 | |
| Total | $ | 897,900 |
Required:
1. Prepare a flexible budget for The Little Theatre based on the actual activity of the year.
2. Prepare a report for the year that shows the spending variances for all expense items.
In: Finance
Sox Shogun Hotel sold 2,000 rooms during the past month at an ADR of $70.00. During this month, the ADR is increased by $7.00 and the total number of rooms sold is 1,900. What is the price elasticity of demand? What is the effect of the decrease in the #of rooms to the total room revenue for the Sox Shogun Hotel during this month?
Group of answer choices
$5,600 decrease
$6,300 increase
$6,300 decrease
$5,600 increase
In: Accounting