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Q1) Sunrise Hotel has 200 rooms. Each room rents at $110 per night and variable costs total $16 per room per night of occupancy. Fixed costs total $84,000 per month.


i) If hotel spends extra $10,000 in the month of February on advertising they feel that they can expect occupancy rate to rise by 5%. What would be te financial impact of spending this extra money on advertising for month of February (28 days)?


A)  Total fixed costs will increase by $10,500.


B)    Net income will increase by $16,320.


C)   Net income will increase by $26,320.


D)   Total fixed costs will remain the same.


ii) If 80% of the rooms are occupied each night in the month of February (28 days) what will total costs be for the month?


A) $86,560.


B) $173,600.


C) $71,680.


D) $155,680.


Q2) Manufacturing overhead is assigned to products based on number of machine hours required.  In year when 20,000 machine hours were anticipated, costs were budgeted at $125,000. If product needs 7,000 machine hours, how much manufacturing overhead will be assigned to this product?


a) $41,667


b) $43,750


c) $1,120


d) $50,000

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