12:48 K V Out 18% case-6 - Saved (A)The following information has been provided from the books and records of the Rest Easy Pub Ltd. Food inventory April 1 Food purchases during the month Utility cost for the kitchen Transfers from the bar to the kitchen Wages paid to the cooks and cleaners Cost of employee meals Purchase of new cooking equipment Promotional coupons turned in for meals Cost of food returns from customers Repairs in the kitchen Linen and uniform cleaning for the cooks Transfers from the kitchen to the bar New menus printing and art work Food inventory April 30, 2013 Miscellaneous costs of operating kitchen $1,875 16,274 389 278 15,339 1,432 2,965 987 176 357 177 435 255 2,779 290 REQUIRED: (Show your results and calculations below---be clear and neat) Calculate the net food cost (Cost of Food Sold) for the month of April (B) A local Banff Hotel was forced by the Government to renegotiate it's lease on the land on which it's Hotel is built. The government is suggesting an alternative rate based on a percentage of it's annual sales. You have been asked by the Hotel to provide an analysis of both proposals and advise them as to the optimal choice. Provide your annual lease rate. You have been asked by the hotel to advise them as to the optimal choice. Provide your appropriate calculations and comments in arriving at a decision. (Calculate the point of indifference) Current Annual Rental Fee $80,000 Proposed Annual Lease Rate as a % of Total Sales 5.0% (C) A hotel operator is considering replacing an old piece of equipment with a new one. He has provided you with the following information concerning three alternative models. New equipment cost Trade in value at end of estimated 5-year life Installation and training costs for year 1 only Annual maintenance Annual equipment operating supplies expense Annual energy costs to operate equipment Annual employee wage costs MODELA MODEL B MODEL C $12,000 $11,000 $11,500 $1,200 $900 $1,100 $500 $600 $550 $300 $250 $400 $400 $300 $350 $350 $350 $350 $12,000 REQUIRED: (Back up your decision with calculations of the cash cost of each model) OVERALL REQUIREMENTS FOR A, B, & C: *Provide a formal schedule to present the results for each requirement