Need help with these questions. They come from the charts above. Thank you.
[20-23] The Rainbow Motor Hotel is a SO-room facility with a restaurant to accommodate its guests. The hotel is open 365 days a year, even on leap years: as Lurena Boucha, the proprietor, closes down the facility every February 29, her birthday, for an all-day celebration of four years of successful operations. On the average, 98% of the rooms are available for sale. For the year just ended, the actual number of rooms sold totaled 15,000, and the number of guests for the year totaled 20,000. The projected occupancy rate for the next year is 82% of the available rooms based on past experience. The food information is as follows: - Sales: 5150,000 ' Beginning inventory: 8,000 I Purchases: 70,000 - Ending inventory: 13,000 ' Consumption by employees (Free of charge): 3,000 ' Number of checks: 64,139 ' Cost of sales: ? ' Total room sales were S450,000. Compute the following: 20. Paid occupancy % 21. Number of guests per occupied room 22. Average room rate (ADR) 23. RevPAR [274-26] The Gibson Hotel is a 250room facility with several profit centers. The hotel is open throughout the year, and generally about 2 percent ofthe rooms are being repaired or renovated at all times, therefore, assume that they are unavailable for sale. During 2014, the hotel sold 77,800 rooms and. experienced an average occupancy per room of 1.32 people. The accounting department has SUpplled you following information concerning the food department: Ending inventory = $35,000 Consumption by employees (free of charge) = 5,000 {test of food sold = 312,000 0 Fund cost percentage = 40% . 0 Bond inventory turnover = 10 times C to 0 me the following: '24. Paid occupancy rate for 2014 25. Number of paid guests for 2014 26. Multi l' ie Tptelocupancy Percentage (assume that no more than two persons occupied a double room; ' "' 0 a occupancy = Smgle occupancy + Double occupancy) [27-30] The LaSorda inn's condensed income statement for 2013 and 2014 is as follows: 20X3 gw Room Revenue $3,450,000 $3,675,000 Room department expenses 1,450,000 1,500,000 Undistribu ted operating expenses 800,000 875,000 Gross operating profit 1,200,000 1,3D0,000 Fixed charges 400,000 450,000 Net operating income 800,000 850,000 Interest expense 100,000 90,000 Income before taxes 700,000 760,000 Income taxes 210,000 228,000 Net income $ 490,000 $ 532,000 me has 100 guestrooms only and its paid occupancy percentage was 78% and 80% for 2013 and m Way. Assume all rooms in the hotel were available for sale. WWWMg: fi. mm mm m margins m me mmwm