Question
What is the total amount for all revenues? For your answer. Do not use dollar signs, nor periods nor commas. Do not use decimals. i.e.
What is the total amount for all revenues?
For your answer. Do not use dollar signs, nor periods nor commas. Do not use decimals. i.e. = 123456789
A 155 room hotel forecasts its average room rate to $90.00 for the next year at 65% occupancy. The rooms department has a fixed wage cost of $160,000. |
Variable wage cost for housekeeping is $14.00 per hour and it takes one hour to clean a room. Benefits are 20% of total wages. |
Linen, laundry, supplies, and other direct costs are $4.00 per occupied room per day. |
The hotel has a 60-seat, restaurant. Breakfast average guest check is $ 28.00 and is open 5 days a week with a .75 seat turnover. |
The restaurant is closed at lunch. The average dinner check is $42.00 and there is a 2.0 seat turnover for dinner and they are open 6 nights a week for dinner. |
The restaurant is open 52 weeks a year. Beverage sales are 10% of breakfast and dinner food sales. Direct costs for the restaurant are 70% of total restaurant sales revenue. |
Indirect costs for the restaurant are estimated at $600,000 next year of total restaurant sales revenue. |
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