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# HW 19.6 - Jennifer Bryant A31746580 Problem 19.6 1...

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Jennifer Bryant A31746580 4/2/2008 Problem 19.6 1) Operations Statement The 10,000 Lakes Hotel For the year 19X0 Operating Department Income: Room Sales: Single Rooms \$1,182,600.00 1 Double Rooms \$963,600.00 Total \$2,146,200.00 Room Expenses: Labor - Fixed \$80,000.00 Labor - Variable \$321,930.00 Other Variable Expenses \$107,310.00 Total \$509,240.00 Food Sales: Breakfast \$135,466.10 2 Lunch \$160,965.00 3 Dinner \$132,303.38 4 Total \$428,734.48 Food Expenses: Cost of Sales \$128,620.34 Labor - Fixed \$60,000.00 Labor - Variable \$85,746.90 Other - Fixed \$12,000.00 Other - Variable \$64,310.17 Total \$350,677.41 Telephone Sales: Sales \$135,522.87 5 Expenses \$128,746.72 Total \$6,776.14 Operating Department Income Total \$1,721,793.21 Undistributed Operating Expenses: A&G - Fixed and Variable \$208,418.29 6 Marketing \$121,313.72 Property Operation & Maintenance \$175,522.87 Utilities \$39,104.57 Total \$544,359.45 Fixed Charges: Insurance \$15,000.00 Property Taxes \$30,000.00 Rent \$2,000.00 Total \$47,000.00 Income Before Interest and Taxes \$1,130,433.76

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Work Shown: 1 Daily Occupancy: 150 x .8 = 120 Double Occupancy: 120 x .4 = 48 Single Occupancy: 120 - 48 = 72 Number of guests: 120 x 1.5 = 180 2 72 single guests x .6 = 43.2 108 double guests x .4= 43.2 86.4 total guests x 3.85 AFC = 332.64 10 non guests x 3.85 AFC = 38.5 Total guests x 365 = 135466.1 3 180 guests x .2 = 36 36 guests/40% = 90 Total Lunch Guests 90 guests x 4.9 AFC x 365 = 160965
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HW 19.6 - Jennifer Bryant A31746580 Problem 19.6 1...

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