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AutoSave O Off ) 1 0 7) - ACCT 1202 Homework 2 2023 v Search shiza S X File Home Insert Draw Design Layout References

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AutoSave O Off ) 1 0 7) - ACCT 1202 Homework 2 2023 v Search shiza S X File Home Insert Draw Design Layout References Mailings Review View Help Comments Editing Share Times New Roma ~ 12 ~ A" A Aav Ap AaBbCcI AaBbCcI AaBbCc AaBbCct AaB Find Gc Replace Paste BIUab X X A DA 1 Normal 1 No Spac... Heading 1 Heading 2 Title Dictate Editor Select Clipboard Font Paragraph Styles Editing Voice Editor 3. a. The Morosco Hotel and Casino in the older part of Las Vegas had budgeted sales of 900 room-nights during this past week, at an average room rate of $350/room per night. In actual fact, the hotel sold only 820 room-nights, but at an average rate of $375/room per night. Please calculate the overall variance from budget in room sales (and remember that a variance requires a dollar 17 figure AND the appropriate letter). Then split the variance into a Price Variance and a Volume Variance, showing that the two of them together make up the overall variance. b. During that same week at Morosco, housekeeping costs had been budgeted at $7.45 per room, with an expected 900 rooms to clean up. Actual housekeeping costs were $7.10 per room, but of course there were 820 rooms to clean, not 900. Calculate the overall variance from budget for housekeeping costs, then split it up into a Cost Variance and a Volume Variance, showing that the two of them together make up the overall variance. c. Would you want to investigate the Housekeeping Cost Variance, and if so, what would you say to the head of this department? (If you do not believe that this variance should be investigated, you may answer by saying this, but in that case, please explain why.) Page 6 of 7 586 words X English (United States) Ex Accessibility: Investigate Focus + 100% 9:06 PM Type here to search b w - 40 C 6 0 7 ENG 2023-03-29

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