Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Imagine that Sky High Hotel has two operating departments, which are rooms and F&B departments. Rooms and F&B departments have acquired $300,000 and $240,000 revenue

Imagine that Sky High Hotel has two operating departments, which are rooms and F&B departments. Rooms and F&B departments have acquired $300,000 and $240,000 revenue respectively. Also, the VC for the rooms and F&B departments are $120,000 and $95,000 respectively. This hotel has an FC of $150,000. The management of this hotel set the sales mix structure as 80.00% for rooms department and 20.00% for the F&B department. What is total revenue that needs to be generated by only rooms department at the breakeven with a given sales mix levels?

$249,211

$199,369

$211,818

$181,562

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

How To Perform A GDPR Compliance Audit

Authors: Kieran McLaughlin

1st Edition

1798935120, 978-1798935125

More Books

Students also viewed these Accounting questions

Question

Give the name of the element. a. F b. Cl c. Br d. I

Answered: 1 week ago

Question

Benefits of owning real estate under partnership vs LLC.

Answered: 1 week ago