92. Swim4Life provides swimming classes and training in South East Queensland. Swim4Life offers four training...

60.1K

Verified Solution

Question

Accounting

image

92. Swim4Life provides swimming classes and training in South East Queensland. Swim4Life offers four training levels: Learn to Swim Baby, Learn to Swim Junior, Learn to Swim Senior, Swim Squad. In November 2019, the firm's information system produced the following data. No of students Area occupied Direct costs Baby Junior Senior Squad No. of swim teachers 4 3 5 3 20 24 15 9 10% 40% 20% 30% Number of classes 108 94 84 48 $1000 $1500 $3000 $1000 Regardless of level, students pay $15 per hour for lessons. Swim4Life also provides lessons to school students who come with their school during school hours. These lessons are provided at a discounted rate of $12 per child. However, during November no school's required lessons. Costs associated with the Swim4Life operations for November 2019 included the following. Facility rent Provision of life savers Utilities Computer equipment depreciation Advertising Training $2500 $800 $1100 $800 $400 $1500 Assume Swim4Life allocates facility rent and utilities on the basis of area occupied, computer equipment depreciation on the basis of number of students and training on the basis of number of swim teachers. Lifesaving is allocated based on the number of classes. Advertising is not allocated What is the total amount of profit generated by senior classes (assume all classes were fully booked) during November? a. $6300 b. $3300 *c. $1703 d. $4703

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students