QUESTION 1:

Davie's Hotel budgeted 800 room sales for the week ended June 24th. The estimated average price per room was $18.50. The actual average price per room was 10 percent greater than anticipated, while room sales in units were 10 percent less than forecasted.

Complete the following table for the Hotel’s revenue variance analysis.

A) Calculate the budget variance.

B) Calculate the price variance.

C) Calculate the volume variance.

D) Calculate the price-volume variance.

Humana Hospital Corporation installed a new MRI machine at a cost of $750,000 this year in its medical professional clinic in Cedar Park. This state-of-the-art system is expected to be used for 5 years and then sold for $125,000. Humana uses a return requirement of 25% per year for all of its medical diagnostic equipment. As a bioengineering student currently serving a coop semester on the management staff of Humana Hospital Corporation in Louisville, Kentucky, you are asked to determine the minimum revenue required each year to realize the expected recovery and return. In short, you need to estimate first the capitol recovery and then the annual worth.

The table below contains a list of species and their abundances for two grassland communities around Serengeti National Park, Tanzania. Use the below data to answer the following question.

Using the Shannon diversity index, what is p_i for Sporobolus ioclados?

14. What are the highest tax rates for each of the following scenarios?

____. Operating income from a hotel earned by a foreign corporation (excluding branch profits tax)

____. Interest income earned by a foreign corporation from a US borrower

____. Net rental income earned by an U.S. individual (exclude the passthrough deduction)

____. Capital gain earned by an U.S. individual

____. Interest income earned by a U.S. corporation

____. Capital gain earned by an U.S. corporation

____. Depreciation recapture on the sale of U.S. real estate (Section 1250 property) for an individual

____. Depreciation recapture on the sale of U.S. real estate (Section 1245 property) for an individual

A quality control activity analysis indicated the following four activity costs of a hotel.

Sales are $7,700,000 for the year. Prepare a cost of quality report.

Present percentage values to one decimal place.

Using the demand and supply diagrams (one for each market), show what short-run changes in price and quantity would be expected in the following markets if terrorism-related worries about air safety cause travelers to shy away from air travel. Each graph should contain the original and new demand and supply curves, and the original and new equilibrium prices and quantities. For each market, write one sentence explaining why each curve shifts or does not shift.

The market for air travel.

The market for rail travel.

The market for hotel rooms in Hawaii.

The market for gasoline.

Please provide a step by step solution

create a Vacation Budget worksheet Add at least 6 other expenses related to your planned vacation (car rental etc.) enter an estimate of the cost of for each item Use a function to calculate the total estimated costs. g) Enter a function to calculate the average cost per day. h) Create a chart (you choose the type) in this same worksheet based on this trip to display the estimated costs. Add a title and a legend and format the chart in a professional, easy read manner

1. What, if anything, does each of the following quotations tell you about the demand elasticity? Explain.

a. "I drink two cups of coffee every morning regardless of the price."

b. "Attendance at the ball park went down when they increased the ticket price, but in spite of the decreased attendance, more money was taken in.”

c. "When the newspaper raised its price, the number of newspapers sold dropped by 20%.

d. My budget is $10 a week for cigarettes. I don’t care what happens to the price of cigarettes, once my budget is gone, I chew gum!

Sunny Park Tailors has been asked to make three different types of wedding suits for separate customers. The table below highlights the time taken in hours for cutting and sewing? (process 1) and delivery? (process 2) of each of the suits.

??

Times Taken for Different Activities (hours)

Suit Cut and Sew Deliver

1 7 2

2 4 3

3 5 6

???????????????

For the schedule developed using the? Johnson's rule, the total length of time taken to complete the three suits? (including delivery)? =

Of the two developed? schedules, which rule gets the schedule finished sooner.??????????????????????????

In an old-fashioned amusement park ride, passengers stand inside a 5.0-m-diameter hollow steel cylinder with their backs against the wall. The cylinder begins to rotate about a vertical axis. Then the floor on which the passengers are standing suddenly drops away! If all goes well, the passengers will "stick" to the wall and not slide. Clothing has a static coefficient of friction against steel in the range 0.62 to 1.0 and a kinetic coefficient in the range 0.40 to 0.70. A sign next to the entrance says "No children under 30 kg allowed."

Q: What is the minimum angular speed, in rpm, for which the ride is safe?