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Following are the financial results for January for the Lumberjack Hotel. Please use this table for questions 1-6. Actual Budget Last Year Time Atter 1

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Following are the financial results for January for the Lumberjack Hotel. Please use this table for questions 1-6. Actual Budget Last Year Time Atter 1 Mi Room Revenue $695,000 $680,000 $650,000 Room Profit $500,000 $486,000 $460,000 Average Room Rate $67.50 $68.00 $65.66 Rooms Sold 10,300 10,000 9,900 Occupancy Percent 83.1% 80.1% 79.8% Restaurant Revenue $126,000 $125,000 $124,000 Beverage Revenue $48,000 $50,000 $47,000 Catering Revenue $240,000 $250,000 $245,000 Total F&B Revenue $414,000 $425,000 $416,000 Gift Shop Revenue $23,000 $22,000 $21,000 Total Revenues $1,132,000 $1,127,000 $1,087,000 0.5 pts Question 3 What is the percentage change in room revenue when comparing Actual Room Revenue to Last Year's Room Revenue? (Round to three decimal places.) 5.467% O 5.998% O 6.923% 7.483%

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