Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

what is the contributory income from F&B department expressed as a percentage Based on the Contributory Income Statement below answer the following question: What is

what is the contributory income from F&B department expressed as a percentage
image text in transcribed
Based on the Contributory Income Statement below answer the following question: What is the Contributory Income from F&B department expressed as a percentage *for your answer round to the whole number DO NOT use decimals, percentage signs, dollar signs not periods nor commas. l.e. (11) Indirect Expenses are allocated based on the following: * Admin/General & Marketing are allocated based on sales 9 The rest of Indirect Expenses are allocated based on square footage Rooms Department 6000 sq feet Food & Beverage Department 3000 sq feet Rooms Department 1500 sq feet UR HOTEL Contributory Income Statment For the period ending December 31, 2020 ROOMS N SPA Total FOOD & BEVERAGE 2.360.000 2.712.000 980.000 SALES REVENUE DIRECT EXPENSES Cost of Sales Labour Other Direct Costs Tel Dret Costs $48.000 650.000 156.000 900.000 224.000 196.000 188.000 190.000 74600 INDRECT EXPENSES Admin/General Marketing Utilities Property Ops & Maint Depreciation Insurance 195.000 190.000 100.000 75 000 50.000 45.000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions