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Assignment #9 Chapter 09 Assignment Template: Create the revenue forecast for next month based on the following assumptions. A. Restaurant guest counts will be 3,600
Assignment #9
Chapter 09 Assignment Template: Create the revenue forecast for next month based on the following assumptions. A. Restaurant guest counts will be 3,600 with an average sale per guest of $21.00. B. Lounge guests to be served are estimated at 525 with a 10 percent increase in average sale per guest. C. The banquet room will serve 425 customers and generate $12,750 in sales. 1. What will be the manager's revenue forecast for next month? 2. What will be the manager's average sale per guest forecast for next month? 3. What is the overall percentage increase in the revenue forecast when compared to the current month's actual operating results? 4. What are some factors that would cause the manager of an operation to create a sales forecast for the next month that exceeds the operation's current month actual operating results? A manager is preparing a revenue budget for next month. The following is the manager's current month actual operating results. ACTUAL OPERATING RESULTS CURRENT MONTH Step by Step Solution
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