A resort hotel has a dining room that has no business from street traffic; it is dependent solely on the occupancy of its rooms for its sales revenues. It has 150 rooms. During the month of June it expects 80% occupancy of those rooms. Because the resort caters to families, there is on average three people per occupied room per night. From past experience, management knows that 95% of the people occupying a room eat breakfast, 25% eat lunch, and 75% eat dinner in the hotels dining room. The dining room is open seven days a week for all three meals. Its average meal prices are:<\/p>
Breakfast: $ 4.50<\/p>
Lunch: $ 7.50<\/p>
Dinner: $12.60<\/p>
Calculate the budgeted dining room revenue for the month of June.<\/p>
Hint: You need to calculate number of estimated guests to calculate the revenue figures. First figure out volumes and then figure out guests based on the information provided.<\/p>
<\/p>", "transcribed_text": "", "related_book": { "title": "Income Tax Fundamentals 2013", "isbn": "1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516", "edition": "31st Edition", "authors": "Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1124.jpg", "uri": "\/textbooks\/income-tax-fundamentals-2013-31st-edition-9781285586618", "see_more_uri": "" }, "free_related_book": { "isbn": "0060841818", "uri": "\/textbooks\/what-we-believe-but-cannot-prove-today-s-leading-thinkers-on-science-in-the-age-of-certainty-1st-edition-978-0060841812-261514", "name": "What We Believe But Cannot Prove Today S Leading Thinkers On Science In The Age Of Certainty", "edition": "1st Edition" }, "question_posted": "2024-06-28 04:32:16", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/a-recent-edition-of-the-wall-street-journal-reported-interest-245010", "description": "A recent edition of The Wall Street Journal reported interest rates of 2.25 percent, 2.60 percent, 2.98 percent, and 3.25 percent for three-year, four-year, five-year, and six-year Treasury notes,...", "stars": 3 }, { "url": "\/study-help\/psychology\/in-your-opinion-what-are-the-most-important-strengths-and-1983164", "description": "In your opinion, what are the most important strengths and weaknesses of projective personality tests?", "stars": 3 }, { "url": "\/triple-h-construction-co-contracted-with-hunters-run-stables-inc", "description": "Triple H Construction Co. contracted with Hunters Run Stables, Inc., to erect a horse barn and riding arena on Hunters Runs property in Big Flats, New York. 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