Why do we (the F&B industry) keep the sales of food revenue and sales of beverage...
Why do we (the F&B industry) keep the sales of food revenue and sales of beverage revenue separate?
Homework Answers
The sales of food and the sales of beverage are kept separate for a verity of reasons:
- Their demands are different and the customer tastes and preferences changes separately and hence making strategies of them together does not make sense so it is always better to keep them separate and marketing them separately.
- The logistics at them for both of them are different.
- The taxation is also different and hence the corresponding calculations are quite different.
- There is a separate positioning criteria for beverages and a separate one for food which makes it sense to keep both of them different.
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Why do we (the F&B industry) keep the sales of food revenue
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QUESTIONS AND PROBLEMS 69 Sales Food Beverage Total sales 630,000 140,000 $770,000 Cost of Sales ...
question 13 14
Thanks for your help
We were unable to transcribe this imageQUESTIONS AND PROBLEMS 69 Sales Food Beverage Total sales 630,000 140,000 $770,000 Cost of Sales Food Beverages Total costs 252,000 35,000 Gross Profit Controllable Expenses 287,000 $483,000 Salaries and wages Employee benefits Other controllable $173,250 45,045 82,000 expenses Total Controllable Expenses Income before Occupancy $300,295 $182,705 Costs, Interest, Depreciation, and Income Taxes Occupancy Costs Income before Interest 64,000 $118,705 Depreciation, and Income Taxes Interest Depreciation Total Restaurant...
how How to calculate the variance and the total food and beverage revenue s 86,650 JU.20...
how
How to calculate the variance and the total food and beverage
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s 86,650 JU.20 43 Dinner Revenue 45 11.2 46 Mayfair Hotel F&B Revenue: February This Year versus January This Year 47 Revenue Source February January S Variance % Variance 48 Dining room $ 15,000 20.00% 49 Lounge | $ 2,500 $ 1,500 $ 1,000 50 Banquet food $ 29,000 $ 25,000 $ 4,000 16.00% 51 Banquet bar $ 17,000 $ 15,000 $ 2.000 52 Total F&B 53...
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Hospitality Cost Accounting Exercise XYZ RESTAURANT SALES $1,400,000.00 100.00% FOOD BEVERAGE TOTAL SALES COST OF FOOD...
Hospitality Cost Accounting Exercise
XYZ RESTAURANT SALES $1,400,000.00 100.00% FOOD BEVERAGE TOTAL SALES COST OF FOOD SOLD $485,000.00 34.64% GROSS PROFIT $915,000.00 65.36% EXPENSES SALARY $180,000.00 12.86% WAGES $200,000.00 14.29% 4.64% 6.43% 9.29% EMPLOYEE $65,000.00 BENEFITS SUPPLIES $90,000.00 RENT $130,000.00 UTILITIES $120,000.00 TRASH REMOVAL $8,500.00 LEGAL & $20,000.00 ACCOUNTING 8.57% 0.61% 1.43% TOTAL EXPENSES $813,500.00 58.11% LEGAL & ACCOUNTING $20,000.00 1.43% TOTAL EXPENSES $813,500.00 58.11% PROFIT BEFORE DEPREC. AND INCOME TAXES $101,500.00 7.25% Please show all your work! a. Sales...
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1) Provide a brief overview of the food and beverage industry and how it contributes to unsustainability (write answer in 200 words) 2) Identify current and potential social, environmental and economic impacts that may impact "business-as-usual" operations within the organization of food and beverage industry (be thorough!) and how further deepening a sustainable approach to business may mitigate risks and capitalize on opportunities (organize as a SWOT analysis) (give answer in 200 words) 3.) Give at least five names of...
question 13 14
Thanks for your help
We were unable to transcribe this imageQUESTIONS AND PROBLEMS 69 Sales Food Beverage Total sales 630,000 140,000 $770,000 Cost of Sales Food Beverages Total costs 252,000 35,000 Gross Profit Controllable Expenses 287,000 $483,000 Salaries and wages Employee benefits Other controllable $173,250 45,045 82,000 expenses Total Controllable Expenses Income before Occupancy $300,295 $182,705 Costs, Interest, Depreciation, and Income Taxes Occupancy Costs Income before Interest 64,000 $118,705 Depreciation, and Income Taxes Interest Depreciation Total Restaurant...
how
How to calculate the variance and the total food and beverage
revenue
s 86,650 JU.20 43 Dinner Revenue 45 11.2 46 Mayfair Hotel F&B Revenue: February This Year versus January This Year 47 Revenue Source February January S Variance % Variance 48 Dining room $ 15,000 20.00% 49 Lounge | $ 2,500 $ 1,500 $ 1,000 50 Banquet food $ 29,000 $ 25,000 $ 4,000 16.00% 51 Banquet bar $ 17,000 $ 15,000 $ 2.000 52 Total F&B 53...
Difference Forecast ($) Actual ($) $ % REVENUE Rooms Food and Beverage Other Operated Departments Rentals and Other Income Total Revenue 784.000 951,000 280,000 210,000 33,600 34,500 22,400 21,750 1,120,000 1,217,250 DEPARTMENTAL EXPENSES Rooms Food and Beverage Other Operated Departments Total Departmental Expenses 235,200 210,000 20,250 465,450 266,250 174,200 19,850 460,300 TOTAL DEPARTMENTAL INCOME 654,550 756,950 UNDISTRIBUTED OPERATING EXPENSES Administrative and General Sales and Marketing Property Operation and Maintenance Utilities Total Undistributed Expenses 100,800 78,400 56,000 44,800 280,000 102,450 77,850...
Hospitality Cost Accounting Exercise
XYZ RESTAURANT SALES $1,400,000.00 100.00% FOOD BEVERAGE TOTAL SALES COST OF FOOD SOLD $485,000.00 34.64% GROSS PROFIT $915,000.00 65.36% EXPENSES SALARY $180,000.00 12.86% WAGES $200,000.00 14.29% 4.64% 6.43% 9.29% EMPLOYEE $65,000.00 BENEFITS SUPPLIES $90,000.00 RENT $130,000.00 UTILITIES $120,000.00 TRASH REMOVAL $8,500.00 LEGAL & $20,000.00 ACCOUNTING 8.57% 0.61% 1.43% TOTAL EXPENSES $813,500.00 58.11% LEGAL & ACCOUNTING $20,000.00 1.43% TOTAL EXPENSES $813,500.00 58.11% PROFIT BEFORE DEPREC. AND INCOME TAXES $101,500.00 7.25% Please show all your work! a. Sales...
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