Question
A 500 hotel room reported total room sale revenue as $1,500,000. If a hotel room's labor hours yield #300,000 in direct room's wages and 35%
A 500 hotel room reported total room sale revenue as $1,500,000. If a hotel room's labor hours yield #300,000 in direct room's wages and 35% payroll taxes and employees benefits, and the hotel has food and beverages sales revenue of $300,000. What is the hotel room's labor cost percentage?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Essentials Of Auditing And Assurance Services An Integrated Approach
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Al Arens
1st Edition
0130463035, 9780130463036
