Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 21 Not yet answered Points out of 5.00 P Flag question As the manager of the 500-room Palm Tree Hotel you are conducting operation's

image text in transcribed

Question 21 Not yet answered Points out of 5.00 P Flag question As the manager of the 500-room Palm Tree Hotel you are conducting operation's performance analysis for the previous month. Your budgeted target for the previous month was $150 ADR and 65% occupancy. Your standard room variable cost is $30 per occupied room, in addition, each occupied room requires 2 hours of housekeeping labor at $8 per hour. According to the reports you sold 10200 rooms, total Rooms Department Revenue was $1,632,000, and total Rooms Department cost, including housekeeping, was $546,720. The Housekeeping department reported 24480 hours and labor cost of $220,320. What is the Sales Price Variance? Select one: a. $102,000 Unfavorable b. $97,500 Unfavorable c. $97,500 Favorable O d. $102,000 Favorable

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_2

Step: 3

blur-text-image_3

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

Auditing Human Resources

Authors: Kelli W. Vito

2nd Edition

0894136941, 978-0894136948

More Books

Students also viewed these Accounting questions

Question

9. Understand the phenomenon of code switching and interlanguage.

Answered: 1 week ago