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Author Question: Grand River Cruises (GRC) offers nightly dinner cruises on the lower Grand River. Regular dinner ... (Read 89 times)

KimWrice

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on: Jan 5, 2020
Grand River Cruises (GRC) offers nightly dinner cruises on the lower Grand River. Regular dinner cruise tickets sell for $40 per passenger. GRC also provides executive dinner cruises at a price of $100. The variable cost of providing the dinner is $16 for the regular cruise and $32 for the executive cruise. The fixed cost of operating the vessels (depreciation, salaries, docking fees and other expenses) is $160,000 per month. During the month of June GRC sold 6,500 regular cruises and 3,000 executive cruises. Assume that $60,000 of the fixed cost is traceable to regular cruises while $75,000 of the fixed cost is traceable to executive cruises.
Prepare a segmented income statement using the contribution margin format.
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
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Marked as best answer by KimWrice on Jan 5, 2020

hugthug12

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Reply #1 on: Jan 5, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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KimWrice

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Reply 2 on: Jan 5, 2020
Excellent

gcook

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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