Question
Dawne Juan is the food and beverage director for a mid-size hotel in a beach destination area. The general manager of the hotel has given
Dawne Juan is the food and beverage director for a mid-size hotel in a beach destination area. The general manager of the hotel has given Dawne a target of 10 percent profit for this year. Dawnes staff is predominantly composed of her beach buddies. Although she is good at controlling most of her costs, she has a hard time telling her friends to go home when business slows down, and she needs to reduce her staff. If she doesnt make her profit goal, her general manager will likely reprimand her, and she could possibly lose her job. Express Dawnes expenses and profit as a percentage of total revenue, both this year and last year, to determine if she met her profit goal (fill in all blanks).
This Year | % | Last Year | % | |
Revenue | $1,448,956 | $1,094,276 | ||
F&B Expense | 463,666 | 35% | ||
Labor Expense | 652,030 | 40% | ||
Other Expense | 15% | 186,027 | ||
Total Expenses | ||||
Profit | 8% |
Was Dawne effective at controlling her expenses? Did she meet the profit goal set by the general manager? If not, what could Dawne do in the future to help her make her target profit.
Answer:
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