Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. student services launch career centre academic and

Student Services Launch Career Centre Academic and Tutoring Centre What is the operating income?...

50.1K

Verified Solution

Question

Accounting

image
Student Services Launch Career Centre Academic and Tutoring Centre What is the operating income? For your answer Do not use dollar signs. nor periods nor commas. Do not use decimals. le = 123456789 A 135 room hotel forecasts its average room rate to $90.00 for the next year at 65% occupancy. The rooms department has a fixed wage cost of $160,000. Variable wage cost for housekeeping is $14.00 per hour and it takes one hour to clean a room, Benefits are 20% of total wages. Linen, laundry, supplies, and other direct costs are $4.00 per occupled room per day The hotel has a 60-seat, restaurant. Breakfast average guest check is $25.00 and is open 5 days a week with a .75 seat turnover. The restaurant is closed at lunch. The average dinner check is $35.00 and there is a 2.0 seat turnover for dinner and they are open 6 nights a week for dinner The restaurant is open 52 weeks a year. Beverage sales are 10% of breakfast and dinner food sales. Direct costs for the restaurant are 70% of total restaurant sales revenue. Irect costs for the restaurant are estimated at $600,000 next year of total restaurant sales rever AS

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students