The Rainbow Motor Motel is a 50-room facility with a restaurant to accom- modate its guests. The motel is open 365 days a year, even on leap years: as Lurena Boucha, the proprietor, closes down the facility every February 29, her birthday, for an all-day celebration of four years of successful operations. On the average, 98% of the rooms are available for sale. For the year just ended, the actual number of rooms sold totaled 15,000, and the number of guests for the year totaled 20,000. The projected occupancy rate for the next year is 82% of the available rooms based on past experience. The food infor- mation is as follows:

Sales $150,000 Beginning inventory 8,000 Purchases 70,000 Ending inventory 13,000 Consumption by employees (free of charge) 3,000 Number of checks 64,139 Cost of sales : ?
Total room sales were $450,000.
Required:
1. Compute the following:

a. Paid occupancy percentage for year

b. Number of guests per occupied room

c. Food cost percentage

d. Average room rate

e. REVPAR 2. Estimate the room sales in dollars for next year. Assume the average room rate will increase by 10% over the current year.