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##### Hospitality Accounting

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Hospitality Accounting;Question I;Using the information listed below, calculate the total budget food sales revenue and beverage sales revenue for the month of August. (This particular August has four Sundays);A dining room has 66 seats, and is open 6 days a week for lunch and dinner (closed on Sundays). Beverage sales revenue normally averages 15% of lunch food sales revenue and 32% of dinner food sales revenue.;Management has forecasted the following totals;Turnover Average Sales;Lunch 1.75 \$12.95;Dinner 2.75 \$16.95;QUESTION 2;A motel has 40 units. During the month of June, its average room rate is;expected to be \$80, and its room occupancy is 74%. In July, the owner is planning to raise room rates by 10%;and occupancy is expected to be 84%. In August, no further room rate raises are contemplated, but;occupancy is expected to be up to 92%. For each of the three months of June, July, and August, calculate the budgeted rooms sale revenue

Paper#29322 | Written in 18-Jul-2015

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