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1.What is the gross profit percentage for a hotel, if the total revenue consisted of rooms revenue $3,075,975 and F&B revenue $943,425? The rooms departmental

1.What is the gross profit percentage for a hotel, if the total revenue consisted of rooms revenue $3,075,975 and F&B revenue $943,425? The rooms departmental expenses were 26.4% of rooms revenue and the F&B departmental expenses were 69.6% of F&B revenue; the undistributed operating expenses were 24% of total revenue; management fees represented 4% of total revenue; rent, property taxes & insurance were $401,940; interest and depreciation expenses were $241,164.

Total revenue (present answer as a whole number; no decimals) $ ___

2.Please use the information from Question 18 to calculate the Dept. costs.

Dept. costs (round answer to two decimal places) $___

3. Please use the information from Question 18 to calculate the Gross profit.

Gross profit (round answer to two decimal places) $___

4.Please use the information from Question 18 to calculate the GP%.

GP% (round answer to two decimal places) ___%

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