Holiday Manor has a dining room with the capacity to seat 100 guests. It is open for
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Holiday Manor has a dining room with the capacity to seat 100 guests. It is open for breakfast and lunch seven days a week. During January 2019, management forecast the seat turnover for breakfast to be 2.5 times and for lunch 2 times, with the average bill to be $20 for breakfast and $40 for lunch. Beverage revenue is usually 10 per cent of the breakfast revenue and 25 per cent of the lunch revenue.
Required
(a) Calculate the budgeted total revenue of food and beverage for January 2019.
(b) What actions could the dining room manager take to increase beverage sales?
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Accounting Business Reporting For Decision Making
ISBN: 9780730369325
7th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver, David Bond
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