Determine the contribution margin and the profit for this property (note there are 3 departments)...
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Accounting
Determine the contribution margin and the profit for this property (note there are 3 departments) for the month of September.
400 rooms available for sale
ADR = $ 250
Variable Cost per room = $30
Fixed cost per month = $ 1,000,000
Month has 30 days
Occupancy rate for August is 80%
The average check in the restaurant is $30
The average food cost is $10
The restaurant has 200 seats and the turnover rate is 2.
The coffee shop had sales of $300,000 and a variable cost of $100,000 in September
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