HW 19.6 - Jennifer Bryant A31746580 4/2/2008 Problem 19.6...

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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: $208,418.29 6 Marketing $121,313.72 $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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This note was uploaded on 04/03/2008 for the course HB 482 taught by Professor Schmidgall during the Spring '08 term at Michigan State University.

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HW 19.6 - Jennifer Bryant A31746580 4/2/2008 Problem 19.6...

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