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Unformatted text preview: total percentage differences would total to 100%. It appears that the cost of beverages sold at Majestic Hotel is 14.1% above the industry percentage. The beverages gross profit is 14.1% below the industry average. The profit per food and beverage sales dollar is 10.6% below the industry average. The total of the significant percentage difference came to a value of 111.2%. In conclusion, we believe that it is possible that some misstatements could have occurred. If so, the cause of them would be primarily in the cost of beverages sold and the beverages gross profit. MDG...
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- Fall '11