hw9.4 - Dallas 510 68.60% 350 19.35% Orlando 820 64.90% 533...

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Dong Hyun Koo A36594103 Corporate Marketing Expense Position Salary Total Costs $165,000.00 $75,000.00 $240,000.00 $110,000.00 $60,000.00 $170,000.00 Total Cost $275,000.00 $135,000.00 $410,000.00 Property # of Rooms Net Income Denver 425 70.20% $1,085,875.00 Dallas 510 68.60% $1,518,984.00 Orlando 820 64.90% $1,532,416.00 Atlanta 466 71.10% $1,932,222.00 New York 371 79.40% $2,353,513.00 a. Total Cost # of Properties $410,000.00 5 410,000/5=$82,000 b. Property # of Rooms % of Total Cost Per Property Denver 425 16.40% $67,226.08 Dallas 510 19.68% $80,671.30 Orlando 820 31.64% $129,706.79 Atlanta 466 17.98% $73,711.42 New York 371 14.31% $58,684.41 Total 2,592 100.00% $410,000.00 Office and Travel Expense Corporate Marketing Director Corporate Revenue Manager Annual Occupancy Cost per Property
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c. Property # of Rooms # of Rooms Sold % of Total Denver 425 70.20% 299 16.53%
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Unformatted text preview: Dallas 510 68.60% 350 19.35% Orlando 820 64.90% 533 29.46% Atlanta 466 71.10% 332 18.35% New York 371 79.40% 295 16.31% Total 1809 100.00% d. Property Net Income % of Total Cost Per Property Denver $1,085,875.00 12.89% $52,856.25 Dallas $1,518,984.00 18.03% $73,938.35 Orlando $1,532,416.00 18.19% $74,592.17 Atlanta $1,932,222.00 22.94% $94,053.20 New York $2,353,513.00 27.94% $114,560.04 Total $8,423,010.00 100.00% $410,000.00 e. I would use the method of allocating costs depending on net income. The individual costs to each hotel, in general, are a little lower compared to the other methods. Annual Occupancy $67,766.72 $79,325.59 $120,801.55 $75,245.99 $66,860.14 $410,000.00 Cost Per Property...
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This note was uploaded on 04/29/2009 for the course HB 302 taught by Professor Staff during the Spring '08 term at Michigan State University.

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hw9.4 - Dallas 510 68.60% 350 19.35% Orlando 820 64.90% 533...

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