Questions
Servicescapes are the physical surroundings in which a service is delivered. What is the strengths and...

Servicescapes are the physical surroundings in which a service is delivered. What is the strengths and weaknesses of the layout of that Servicescapes from the hotel industry of both service delivery and the customer?

In: Operations Management

The Palace Theater opened on April 1. All facilities were completed on March 31. At this...

The Palace Theater opened on April 1. All facilities were completed on March 31. At this time, the ledger showed No. 101 Cash $6,000, No. 140 Land $12,000, No. 145 Buildings (concession stand, projection room, ticket booth, and screen) $8,000, No. 157 Equipment $6,000, No. 201 Accounts Payable $2,000, No. 275 Mortgage Payable $10,000, and No. 311 Common Stock $20,000. During April, the following events and transactions occurred.

Apr. 2 Paid film rental of $800 on first movie.
3 Ordered two additional films at $950 each.
9 Received $1,800 cash from admissions.
10 Made $2,000 payment on mortgage and $1,000 for accounts payable due.
11 Palace Theater contracted with Dever Company to operate the concession stand. Dever is to pay 18% of gross concession receipts (payable monthly) for the rental of the concession stand.
12 Paid advertising expenses $320.
20 Received one of the films ordered on April 3 and was billed $950. The film will be shown in April.
25 Received $5,200 cash from admissions.
29 Paid salaries $1,600.
30 Received statement from Dever showing gross concession receipts of $1,000 and the balance due to The Palace Theater of $180 ($1,000 × 18%) for April. Dever paid one-half of the balance due and will remit the remainder on May 5.
30 Prepaid $1,000 rental on special film to be run in May.



In addition to the accounts identified above, the chart of accounts shows No. 112 Accounts Receivable, No. 136 Prepaid Rent, No. 400 Service Revenue, No. 429 Rent Revenue, No. 610 Advertising Expense, No. 726 Salaries and Wages Expense, and No. 729 Rent Expense.

A. Enter the beginning balances in the ledger as of April 1

b.Journalize the April transactions. Palace records admission revenue as service revenue, rental of the concession stand as rent revenue, and film rental expense as rent expense.

c.Post the April journal entries to the ledger.

d.Prepare a trial balance on April 30, 2017.

In: Accounting

The Little Theatre Costs from the Planning Budget For the Year Ended December 31 Budgeted number...

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.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.

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

Find the percentage of men meeting the height requirement

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A survey found that women's heights are normally distributed with mean \(63.6\) in. and standard deviation \(3.4\) in. The survey also found that men's heights are normally distributed with mean \(69.7\) in. and standard deviation \(3.1\) in. Most of the live characters employed at an amusement park have height requirements of a minimum of 57 in. and a maximum of 64 in. Complete parts (a) and (b) below.

a. Find the percentage of men meeting the height requirement. What does the result suggest about the genders of the people who are employed as characters at the amusement park?

The percentage of men who meet the height requirement is \(\square \%\). (Round to two decimal places as needed.)

In: Other

A survey found that​ women's heights are normally distributed with mean 63.3 in. and standard deviation...

A survey found that​ women's heights are normally distributed with mean 63.3 in. and standard deviation of 3.7 in. The survey also found that​ men's heights are normally distributed with a mean 68.6 in. and standard deviation 3.3 in. Most of the live characters employed at an amusement park have height requirements of a minimum of 55 in. and a maximum of 62 in. Complete parts​ (a) and​ (b) below.

a. Find the percentage of men meeting the height requirement. What does the result suggest about the genders of the people who are employed as characters at the amusement​ park?

The percentage of men who meet the height requirement is = %.

​(Round to two decimal places as​ needed.)

In: Statistics and Probability

NOTE: THIS IS FOR MY LEGAL ENVIRONMENT CLASS 11. In June, Daniels contracted with Lefkowitz to...

NOTE: THIS IS FOR MY LEGAL ENVIRONMENT CLASS

11. In June, Daniels contracted with Lefkowitz to build a stone path leading from the road to his vacation home. Daniels asked him to complete the job within 11 (eleven) months. Explain whether Lefkowitz and Daniels must enter in a written agreement for such a contract to be enforceable.

12. The hotel workers union of Metropolis strikes in spite of a no-strike clause, causing several conventions to be canceled. Restaurant owners in Metropolis want to sue the hotel workers union for their loss of business caused by the canceled conventions. Will the restaurant owners win their suit?

In: Finance

At year-end (December 31), Chan Company estimates its bad debts as 0.5% of its annual credit...

At year-end (December 31), Chan Company estimates its bad debts as 0.5% of its annual credit sales of $975,000. Chan records its Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $580 account of P. Park is uncollectible and writes it off as a bad debt. On June 5, Park unexpectedly pays the amount previously written off.

Prepare the journal entries for these transactions.

  • Record the estimated bad debts expense.
  • Wrote off P. Park's account as uncollectible.
  • Reinstated Park's previously written off account.
  • Record the cash received on account.

In: Accounting

A 20 month old child recently fell seven stories from a balcony of the Pompano Beach,...

A 20 month old child recently fell seven stories from a balcony of the Pompano Beach, Florida Quality Inn. The child survived the fall. The plaintiff charged that the corroded railing gave way on the balcony. Experts have said that salty sea air can rapidly eat through the metal railings that line thousands of hotel balconies in South Florida beachfront hotels. Warnings had been placed in all of the guestrooms advising people to stay away from the railings and to supervise their children.

Basis of action of plaintiff against the hotel.

a. What are the specific legal basis for seeking damages?

In: Operations Management

Fact for internal control analysis Cleaning company hires a CPA to handles its accounting matters. the...

Fact for internal control analysis Cleaning company hires a CPA to handles its accounting matters. the company organizes seminar including camping trip on the said. the company pays for seminar and hotel stay, but employees pay for camping trip. The CPA collects money from employees and cleaning company to pay for hotel and camping. the company gave check. employess gave cash following week, CPA did not come to work. No where to be found. All money collected was one million baht. The company records all one million as expense. Analyze effectiveness of internal control at the company.

In: Accounting

The following graph input tool shows the daily demand for hotelrooms at the Triple Sevens...

The following graph input tool shows the daily demand for hotel rooms at the Triple Sevens Hotel and Casino in Las Vegas, Nevada. To help the hotel management better understand the market, an economist identified three primary factors that affect the demand for rooms each night. These demand factors, along with the values corresponding to the initial demand curve, are shown in the following table and alongside the graph input tool. (Note: All values are hypothetical.)

Demand Factor Average Canadian household income Round trip airfare from Vancouver (YVR) to Las Vegas (LAS) Room rate at the E

Use the graph input tool to help you answer the following questions. You will not be scored on any changes you make to this graph.

Note: Once you enter a value in a white field, the graph and any corresponding amounts in each grey field will change accordingly.

Graph Input Tool Market for Triple Sevenss Hotel Rooms Price (Dollars per room) 350 150 Quantity Demanded (Hotel rooms per n

For each of the following scenarios, begin by assuming that all demand factors are set to their original values and that Triple Sevens is charging $350 per room per night.

If average household income increases by 20%, from $50,000 to $60,000 per year, the quantity of rooms demanded at the Triple Sevens(rises or falls)from__

rooms per night to___rooms per night. Therefore, the income elasticity of demand is(+ or -), hotel rooms at the Triple Sevens and airline trips between YVR and LAS are(complements or substitutes)

Triple Sevens is debating decreasing the price of its rooms to $325 per night. Under the initial demand conditions, you can see that this would cause its total revenue to(increase or decrese)Decreasing the price will always have this effect on revenue when Triple Sevens is operating on the(elastic or inelastic) portion of its demand curve.


In: Economics