Examlex

Solved

Yewston Hotel Bases Its Budgets on Guest-Days

question 70

Multiple Choice

Yewston Hotel bases its budgets on guest-days. The hotel's static budget for April appears below:Yewston Hotel bases its budgets on guest-days. The hotel's static budget for April appears below:  -The total variable cost at the activity level of 3,200 guest-days per month should be: A) $40,960 B) $49,280 C) $29,440 D) $35,420
-The total variable cost at the activity level of 3,200 guest-days per month should be:


Definitions:

Written Form

Refers to the requirement for certain agreements or documents to be in writing in order to be legally enforceable or valid.

Accepted

Accepted in legal and commercial contexts refers to the express or implied agreement to the terms of an offer, thereby creating a binding contract.

Instantaneous Forms

Documents or agreements that become effective immediately upon execution or fulfillment of certain conditions.

Mirror Image Rule

A principle in contract law that requires the acceptance of a contract offer to be identical to the offer for a legally binding agreement to be formed.

Related Questions