5) Assume the housekeeping cost per room was actually $10 per room. Using the information from question 4 what is the total housekeeping cost variance? What is the price variance and quantity variance? Indicate if the variances are favorable or unfavorable. 6) You manage a 125-seat cafe that serves breakfast (2.5 turnover and $9.00 avg, guest check), lunch (1.5 turnover and $17.00 avg, guest check) and dinner (2.25 turnover and $25.00 avg. guest check). Breakfast is served weekends only (Sat/Sun). Lunch and dinner are served 7 days per week. Forecast sales revenue for the year - for breakfast, for lunch, for dinner, and total annual caf food sales. 4.) Seattle's W Hotel had budgeted occupancy of 5000 room nights with an ADR of $200 and a variable housekeeping cost of $8 per room. Actual data indicated a total of 5300 rooms were sold at an ADR of $175. Calculate the following sales budget variances and indicate if each variance is favorable or unfavorable. a. What is the total sales budget variance? Sales Budget Variance = (Actual sales* Actual price) - (Budgeted sales *Budgeted price) -(5000*200)-(5300*175) = 1000000-927500 = $72,500 b. What is the price variance? Price Variance = Actual Sales*(Actual price-Budgeted price) = 5300*(175-200) = $132,500 U c. What is the quantity variance? Quantity Variance (Actual sales-Budgeted sales) *Budgeted price = (5300-5000)*200 $60,000 F 5.) Assume the housekeeping cost per room was actually $10 per room. Using the information from question 4 what is the total housekeeping cost variance? What is the price variance and quantity variance? Indicate if the variances are favorable or unfavorable