ECO204_2008_Test_2_solutions

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Unformatted text preview: h 223 138 361 40 143 544 Exhibit 2 Prestige Data Services Summary Results of Operations, First Quarter 2003 January Revenues Intercompany sales Commercial sales Computer use Other Total Revenue Expenses Space costs Rent Custodial services February March $ 82,400 98,400 9,241 190,041 $ 72,400 108,000 9,184 189,584 $ 89,200 110,400 12,685 212,285 $ 8,000 1,240 9,240 $ 8,000 1,240 9,240 $ 8,000 1,240 9,240 Equipment costs Computer leases Maintenance Depreciation: Computer equipment Office equipment and fixtures Power 95,000 5,400 25,500 680 1,633 128,213 95,000 5,400 25,500 680 1,592 128,172 95,000 5,400 25,500 680 1,803 128,383 Wages and salaries Operations Systems development and maintenance Administration Sales 29,496 12,000 9,000 11,200 61,696 9,031 7,909 15,424 $ 231,513 $ (41,472) 29,184 12,000 9,000 11,200 61,384 8,731 7,039 15,359 $ 229,925 $ (40,341) 30,264 12,000 9,000 11,200 62,464 10,317 8,083 15,236 $ 233,723 $ (21,438) Materials Sales promotions Corporate services Total expenses Net income/(loss) Exhibit 3 Prestige Data Services Standard Costs - Average Month, First Quarter 2003 Variable Costs Power per hour Operations wages Total variable expenses per hour Fixed Costs Rent Custodial Computer lease Computer maintenance Depreciation Power Wages and Salaries Operations Systems development Administration Sales $4 $24 $28 $8,000 $1,240 $95,000 $5,400 $26,180 $200 $21,600 $12,000 $9,000 $11,200 Total Wages & Salaries Fixed Costs $53,800 Total non-variable expenses Sales promotion $189,820 $8,000 $197,820 << Total Fixed Costs 18...
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This note was uploaded on 05/02/2011 for the course ECO 204 taught by Professor Hussein during the Fall '08 term at University of Toronto.

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