Calculate the total budget food sales revenue and beverage sales revenue for the month of August. This 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 forcasted the following totals:
Lunch Turnover: 1.75 Average Sales 12.95
Dinner Turnover 2.75 Average Sales 16.95
Lunch turnover: 1.75 with 66 seats = 115.5 sales at an average sales of $12.95 = $1,495.73 per ...
The calculation shows revenue gained from lunch and dinner by selling foods and beverages based on forecasted sales volume.
Financial ratio analysis for hotel in Costa Mesa, California
See attached files.
Prepare a analysis of Situation 9.6
In your financial analysis, discuss the findings from your calculations and how they effect the organization. Your analysis should be based on the calculation of the following financial ratios:
Cost of labor percentage for rooms and F&B
Cost of food sold percentage
Cost of beverage sold percentage
Average daily rate
Profit margin for rooms and F&B
Total revenue change from budget for rooms and F&B
Housekeeping cost per occupied room
Room sales to total sales
Total rooms division payroll per occupied room
***Also attached is some notes on financial ratio, dealing with hotels***View Full Posting Details