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 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 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

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 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 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 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.
In: Accounting
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
In: Accounting
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.)

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.

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