You are the manager in charge of room revenue for the Victorian Villas hotel. The...
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Accounting
You are the manager in charge of room revenue for the Victorian Villas hotel. The budget for the property included 6200 room nights at an ADR of 225 dollars for the year. The hotel actually sold 6000 room nights, and the ADR turned out to be 200 dollars. Calculate the total variance, the quantity variance, and the price variance. Indicate if those variances are favorable or unfavorable.
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