Identify the pricing strategy that is being used by the company. 2. 8Wave would have many costs involved in running their business. List 10-15 costs that 8Wave would have. 3. Explain why the “Off-Season” price is generally more expensive than “Summer Season.” 4. Estimate the percentage mark-up that 8Wave puts on top of its cost to find the final price. Justify your answer.

Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
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Chapter8: Budgets And Bank Reconciliations
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Problem 1.1C
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1. Identify the pricing strategy that is being used by the company. 2. 8Wave would have many costs involved in running their business. List 10-15 costs that 8Wave would have. 3. Explain why the “Off-Season” price is generally more expensive than “Summer Season.” 4. Estimate the percentage mark-up that 8Wave puts on top of its cost to find the final price. Justify your answer.
OFF-SEASON RATES
FmOriginal
SWebes
2019
Waterpark & Hotel
MONDAY - FRIDAY
(NO WAVES & BUBBLES)
SATURDAY, SUNDAY
DAY
& HOLIDAYS
9:00AM-6:00PM
(W/ WAVES & BUBBLES)
SWIMMING
9:00AM-6:00PM
ADULT
P 200.00
P 250.00
CHILD ( BELOW 4 FT.)
2 FT BELOW IS FREE!
SENIOR (WITH I.D.)
P 170.00
P 200.00
P 170.00
P 200.00
MONDAY - FRIDAY
SATURDAY, SUNDAY
NIGHT
(NO WAVES & BUBBLES)
& HOLIDAYS
(w/ BUBBLES ONLY)
SWIMMING
(HOTEL SIDE POOL ONLY)
6:30PM-10:00PM
6:30PM-10:00PM
ADULT
P 100.00
P 150.00
CHILD ( BELOW 4 FT.)
2 FT BELO W IS FREE!
SENIOR ( WITH I.D.)
P 70.00
P 100.00
P 70.00
P 100.00
Transcribed Image Text:OFF-SEASON RATES FmOriginal SWebes 2019 Waterpark & Hotel MONDAY - FRIDAY (NO WAVES & BUBBLES) SATURDAY, SUNDAY DAY & HOLIDAYS 9:00AM-6:00PM (W/ WAVES & BUBBLES) SWIMMING 9:00AM-6:00PM ADULT P 200.00 P 250.00 CHILD ( BELOW 4 FT.) 2 FT BELOW IS FREE! SENIOR (WITH I.D.) P 170.00 P 200.00 P 170.00 P 200.00 MONDAY - FRIDAY SATURDAY, SUNDAY NIGHT (NO WAVES & BUBBLES) & HOLIDAYS (w/ BUBBLES ONLY) SWIMMING (HOTEL SIDE POOL ONLY) 6:30PM-10:00PM 6:30PM-10:00PM ADULT P 100.00 P 150.00 CHILD ( BELOW 4 FT.) 2 FT BELO W IS FREE! SENIOR ( WITH I.D.) P 70.00 P 100.00 P 70.00 P 100.00
SUMMER 2020
ENTRANCE FEE
The Original
Waterpark & Hotel
DAY SWIMMING
ADULT
Php 250.00
CHILD (BELOW 4FT.)
Php 200.00
2FT. BELOW IS FREE!
SENIOR (WITH ID)
Php 200.00
Operation of Water Effects: 10 AM-12 NN; 2PM-5PM
NIGHT SWIMMING
MONDAY-FRIDAY SATURDAY,SUNDAY
(BUBBLE POOL &
OLYMPIC POOL)
& HOLIDAYS
(w/WAVE POOL)
TILL 11:00PM
6:00PM-11:00PM
ADULT
Php 150.00
Php 250.00
CHILD (BELOW 4FT.)
Php 100.00
Php 200.00
2FT. BELOW IS FREE!
SENIOR (WITH ID)
Php 100.00
Php 200.00
Operation of waves every Sat. -Sun. & Holidays: 7PM 9PM
Transcribed Image Text:SUMMER 2020 ENTRANCE FEE The Original Waterpark & Hotel DAY SWIMMING ADULT Php 250.00 CHILD (BELOW 4FT.) Php 200.00 2FT. BELOW IS FREE! SENIOR (WITH ID) Php 200.00 Operation of Water Effects: 10 AM-12 NN; 2PM-5PM NIGHT SWIMMING MONDAY-FRIDAY SATURDAY,SUNDAY (BUBBLE POOL & OLYMPIC POOL) & HOLIDAYS (w/WAVE POOL) TILL 11:00PM 6:00PM-11:00PM ADULT Php 150.00 Php 250.00 CHILD (BELOW 4FT.) Php 100.00 Php 200.00 2FT. BELOW IS FREE! SENIOR (WITH ID) Php 100.00 Php 200.00 Operation of waves every Sat. -Sun. & Holidays: 7PM 9PM
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