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QBA HW 3.docx

# QBA HW 3.docx - Eli Harris QBA HW 3 Question 1 The most...

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Eli Harris QBA HW 3 Question 1.) The most profitable boat tour for Royal Kona in 2015 was the Sunset with a profit of \$247,000 2015 Royal Kona Tour Information Tour Lanai Villager Sunset Price per passenger \$75 \$80 \$100 Fixed Costs boat depreciation \$110,000 \$100,000 \$100,000 boat maintenance \$39,000 \$26,000 \$27,000 insurance \$6,000 \$6,000 \$6,000 share of hotel costs \$22,000 \$22,000 \$22,000 advertising \$18,000 \$18,000 \$18,000 Variable Costs (per trip) fuel \$150 \$120 \$210 tour guide \$165 \$100 \$160 passenger food \$210 \$105 \$350 docking fees \$75 \$90 \$- Number of trips per year 200 150 200 Mean passengers per trip 27 25.5 28.2 Annual Profit \$90,000 \$71,750 \$247,000 Question 2.) The boat tour that makes the most per additional trip is the Sunset making an additional \$2,100 Variable Costs (per trip) fuel \$150 \$120 \$210 tour guide \$165 \$100 \$160 passenger food \$210 \$105 \$350 docking fees \$75 \$90 \$- Number of trips per year 200 150

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