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1.High-Low Method (L04) season and in the summer. Occupancy- Days Electrical Costs Month 2,604 2,856 3,534 1,440 540 January February March.. April May June July August September... 1,116 3,162 3,608 1,260 186 1,080 $6,257 $6,550 $7,986 $4,022 $2,289 $3,591 $7,264 $8,111 $3,707 $1,712 $3,321 $5,196 October November December ...... 2,046 Required: 1. Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy-day. Round off the fixed cost to the nearest whole dollar and the variable cost to the nearest whole cent. 2. What other factors other than occupancy-days are likely to affect the variation in electrical costs from month to month? The Edelweiss Hotel in Vail, Colorado, has accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year. An occupancy-day represents a room rented out for one day. The hotel's business is highly seasonal, with peaks occurring during the ski.

2.You need to Assume Transactions from your own so you can do the 9 steps of Business Cycle in TABLES. This is an Calculation Assignment not Writing Assignment, The Scope of the Question is About Assuming a financial transaction as in August 2020 Transaction, implement the Accounting Cycle ( 9 Steps with the Calculation ) on these transaction. Assume your own Transaction Given and Cover all The business Cycle Transaction Structure for these Transactions. Cover the 9 steps in Business Cycle.

 Accounting Cycle Assume that you are the Financial Accountant of a newly started business from your chosen in August 2020: You are requested to assume the chosen business transactions during the month of August 2020 and analyze it by shown the impact of these transactions on the accounting equation! After that implement the remain steps of the accounting cycle on the transactions of the chosen business.
The Accounting Cycle Learning Objective 4 State the required steps in the accounting cycle. Share capital Assets=liability to R-E-b sole proprietorship, partnership, Corporation, con calle 1. Analyze business transactions 1000 Buying and selling goat Asse paying rent Ren 9. Prepare a post-closing trial bankogh balance 2. Journalize the transactions Recording the transactions in the general cournai zahook. | Equ Date/ Explanationy Past/oror. G 8. Journalize and post closing cashlors 1000 sele revenue len 1000) entries -Analyzethe dar 3. Post to ledger accounts 2- Determinate til have of accounts RG feur 7. Prepare financial statements 4. Prepare a trial balance 6. Prepare an adjusted trial balance 5. Journalize and post adjusting entries 4-1 Illustration 4-11 Steps in the accounting cycle LO.

3.Kinta Mining acquires a mineral deposit at a cost of RM5,900,000. It incurs additional costs of RM600,000 to access the deposit, which is estimated to contain 2,000,000 tons and is expected to take 5 years to extract. Compute the depletion expense for the first year assuming 418,000 tons were mined. Select one: a. RM1,358,500. b. RM1,233,100. c. RM1,180,000. d. RM1,300,000.