Homework Answers
Average check per guest = Total sales / Total number of guests
Dining room = $150,080 / 9,380
= $16
Bar-lounge = $68,050 / 5,444
= $12.5
Add Answer to:
E3.5 Based on the following, determine the average check per guest. Dining room Bar-lounge Sales Revenue...
E3.6 Based on the following, determine the average cost of sales revenue per guest. Guests Dining...
E3.6 Based on the following, determine the average cost of sales revenue per guest. Guests Dining room Bar-lounge Cost of Sales Revenue $51,522 $38,642 9,040 6,222 E3.8 The following data from a restaurant operation show a partially completed comparative income statement analysis for two consecutive years. Deter- mine the missing dollar values and the missing percentages; show the plus (+) or negative (-) effects. Changes Year 0007 Year 0008 Dollars % +1,110 $23,502 9,208 $ -9,438 $ Sales Revenue Cost...
The Evergreen hotel, a 200-room lodging facility, uses regression analysis to forecast dining rooms meals and...
The Evergreen hotel, a 200-room lodging facility, uses regression analysis to forecast dining rooms meals and revenues. You, as a GM, has set the regression equations as follows: Breakfast: y = 50 + 0.42x Lunch: y = 200 + 0.21x where, “y” equals forecasted meals and “x” is the #of hotel guests. Further, daily average guest check in the hotel’s dining room is expected to be as follows: Breakfast: $3.25 Lunch: $6.50 Dinner: $12.95 Based on the information given, forecast...
.10 An 80-room motel forecasts its average room rate to be $68.00 for next year at...
.10 An 80-room motel forecasts its average room rate to be $68.00 for next year at 75% Occupancy. The rooms department has a fixed wage cost of $186,000. Variable wage Cost for housekeeping is $9.00 an hour; it takes one-half hour to clean a room. Fringe benefits are 18% of total wages. Linen, laundry, sup- plies, and other direct costs are $2.75 per occupied room per day. The motel also has a 50-seat, limited-menu snack bar. Breakfast rev- enue is...
Taylor’s is a popular restaurant that offers customers a large dining room and comfortable bar area....
Taylor’s is a popular restaurant that offers customers a large dining room and comfortable bar area. Taylor Henry, the owner and manager of the restaurant, has seen the number of patrons increase steadily over the last two years and is considering whether and when she will have to expand its available capacity. The restaurant occupies a large home, and all the space in the building is now used for dining, the bar, and kitchen, but space is available on the...
Taylor’s is a popular restaurant that offers customers a large dining room and comfortable bar area....
Taylor’s is a popular restaurant that offers customers a large dining room and comfortable bar area. Taylor Henry, the owner and manager of the restaurant, has seen the number of patrons increase steadily over the last two years and is considering whether and when she will have to expand its available capacity. The restaurant occupies a large home, and all the space in the building is now used for dining, the bar, and kitchen, but space is available on the...
Check my work Required information Taylor's is a popular restaurant that offers customers a large dining room and comfo...
Check my work Required information Taylor's is a popular restaurant that offers customers a large dining room and comfortable bar area. Taylor Henry, the 0.33 owner and manager of the restaurant, has seen the number of patrons increase steadily over the last two years and is considering whether and when she will have to expand its available capacity. The restaurant occupies a large home, and all the space in the building is now used for dining, the bar, and kitchen,...
1. Activity-Based Costing for a Service Business Sterling Hotel uses activity-based costing to determine the cost...
1. Activity-Based Costing for a Service Business Sterling Hotel uses activity-based costing to determine the cost of servicing customers. There are three activity pools: guest check-in, room cleaning, and meal service. The activity rates associated with each activity pool are $8.70 per guest check-in, $22.00 per room cleaning, and $2.00 per served meal (not including food). Tara Stone visited the hotel for a 5-night stay. Tara had 4 meals in the hotel during the visit. Determine the total activity-based cost...
A. A hotels receives a room reservation that indicates that the guest is making the reservation...
A. A hotels receives a room reservation that indicates that the guest is making the reservation will pay $200 for their one night stay. The pays a 15% travel agent commission for the reservation, and the hotel's franchisor will assess total fees of 12% for the reservation. What is the hotel's net ADR yield for this one night reservation? A. 77% B. 75% C. 79% D. 73% B. In which scenario would a forecast most likely be inaccurate because of...
C Activity Rates and Product Costs using Activity-Based Costing Lonsdale Inc. manufactures entry and dining room...
C Activity Rates and Product Costs using Activity-Based Costing Lonsdale Inc. manufactures entry and dining room lighting fixtures. Five activities are used in manufacturing the fixtures. These activities and their associated budgeted activity costs and activity bases are as follows: Budgeted Activity Activity Cost Activity Base Casting $258,440 Machine hours Assembly 158,620 Direct labor hours Inspecting 25,850 Number of inspections Setup 33,120 Number of setups Materials handing 46,060 Number of loads Corporate records were obtained to estimate the amount of...
llar sales and number of he has calculated the e. If you were the general manager...
llar sales and number of he has calculated the e. If you were the general manager at the Urlau propu 6. Lynn Hoffman is the owner of the Sky View restaurant. She is interested in determining dollar sales and guests needed to breakeven and to generate her desired profits. From her financial records, she has cale following information: Check average (selling price) Variable cost per unit (guest) Annual fixed costs $16.50 $5.60 $180,000 a. Complete the following grid, and determine...
E3.6 Based on the following, determine the average cost of sales revenue per guest. Guests Dining room Bar-lounge Cost of Sales Revenue $51,522 $38,642 9,040 6,222 E3.8 The following data from a restaurant operation show a partially completed comparative income statement analysis for two consecutive years. Deter- mine the missing dollar values and the missing percentages; show the plus (+) or negative (-) effects. Changes Year 0007 Year 0008 Dollars % +1,110 $23,502 9,208 $ -9,438 $ Sales Revenue Cost...
.10 An 80-room motel forecasts its average room rate to be $68.00 for next year at 75% Occupancy. The rooms department has a fixed wage cost of $186,000. Variable wage Cost for housekeeping is $9.00 an hour; it takes one-half hour to clean a room. Fringe benefits are 18% of total wages. Linen, laundry, sup- plies, and other direct costs are $2.75 per occupied room per day. The motel also has a 50-seat, limited-menu snack bar. Breakfast rev- enue is...
Check my work Required information Taylor's is a popular restaurant that offers customers a large dining room and comfortable bar area. Taylor Henry, the 0.33 owner and manager of the restaurant, has seen the number of patrons increase steadily over the last two years and is considering whether and when she will have to expand its available capacity. The restaurant occupies a large home, and all the space in the building is now used for dining, the bar, and kitchen,...
C Activity Rates and Product Costs using Activity-Based Costing Lonsdale Inc. manufactures entry and dining room lighting fixtures. Five activities are used in manufacturing the fixtures. These activities and their associated budgeted activity costs and activity bases are as follows: Budgeted Activity Activity Cost Activity Base Casting $258,440 Machine hours Assembly 158,620 Direct labor hours Inspecting 25,850 Number of inspections Setup 33,120 Number of setups Materials handing 46,060 Number of loads Corporate records were obtained to estimate the amount of...
llar sales and number of he has calculated the e. If you were the general manager at the Urlau propu 6. Lynn Hoffman is the owner of the Sky View restaurant. She is interested in determining dollar sales and guests needed to breakeven and to generate her desired profits. From her financial records, she has cale following information: Check average (selling price) Variable cost per unit (guest) Annual fixed costs $16.50 $5.60 $180,000 a. Complete the following grid, and determine...
Most questions answered within 3 hours.
-
On May 1, First Bank perfected a security interest in Debtor’s
inventory. On June 1, Bob...
asked 22 minutes ago -
A new kind of typhoid shot is being developed by a medical
research team. The old...
asked 1 hour ago -
Write a chemical equation for these reactions. (Use
the lowest possible whole number coefficients.) Include
states-of-matter...
asked 3 hours ago -
For each of the Z-scores below, determine two probabilities
(show four three decimal places): (1) the...
asked 4 hours ago -
Oxidative phosphorylation is achieved through chemiosmotic
coupling, which turns chemical energy into osmotic potential energy
that...
asked 7 hours ago -
Hollywood Shoes would like to maintain their cash account at a
minimum level of $64,000, but...
asked 7 hours ago -
Proteins CtrA-P, DnaA, and GcrA behave similarly to what
molecule in the Eukaryotic Cell Cycle?
asked 7 hours ago -
TRUE OR FALSE
In case of a competitive tender procedure, in the request for
quotation, the...
asked 7 hours ago -
I am a little behind please provide some explanation, will
provide thumbs up.
This question considers...
asked 7 hours ago -
Let say the utility function as U(X,Y) = lnX + Y. Show that the
marginal rate...
asked 7 hours ago -
A current of I=8.0A is flowing in a typical extension cord of
length L=3.00m. The cord...
asked 7 hours ago -
1. When balancing the equation H2SO4 (aq) + NaOH (aq) →
Na2SO4(aq) + H2O(aq), would you...
asked 8 hours ago