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Compute the ratios listed for this 75-room Resort Hotel with a 40-seat Dining Room. These data are for the month of April. Assume that the
Compute the ratios listed for this 75-room Resort Hotel with a 40-seat Dining Room. These data are for the month of April. Assume that the dining room is only open at night.
| Room Revenue | $225,000 | ||
| Rooms Occupied | 1,698 | ||
| Number of Guests | 3,200 | ||
| Food Revenue DR | 75,000 | ||
| Beverage Revenue DR | 30,000 | ||
| Guests DR | 3,100 | ||
| Food Cost | 21,000 | ||
| Beverage Cost | 6,000 | ||
| Room Division Labor | 23,000 | ||
| Labor Cost DR | 19,000 | ||
| List the formula for each ratio: | |||
| Average Room Rate | |||
| Occupancy Rate | |||
| Double Occupancy | |||
| Food Cost Percentage | |||
| Beverage Cost Percentage | |||
| Room Division Labor Cost Percent | |||
| DR Labor Cost Percentage | |||
| Average Check DR | |||
| DR Seat Turnover | |||
| Av. Monthly DR Revenue per Seat | |||
| Beverage to Food Revenue Percent | |||
| Beverage to Room Revenue Percent | |||
| DR Revenue to Room Revenue Percent |
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
11th Edition
111856667X, 978-1118566671
