Peter and Abby Gunderson are planning to get away for a weekend in New York City. The hotel is offering a special weekend rate of $77.75 per night, with double occupancy. The hotel has a minimum two-night stay and includes a $50 credit toward their dinner at the hotel restaurant. Also included in the package is a $3.50 credit per person toward breakfast for two each morning. They are planning to rent a car for the trip. The rental agency charges $19.15 a day with an additional charge of 34 cents a mile and $2.18 per gallon of gas used. The gas tank holds 24 gallons. From the following details, calculate the total cost of this weekend for Peter and Abby. Assume no taxes. Car rental (2 days) Beginning odometer reading 4,880 Ending odometer reading 4,900 Beginning gas tank: ¾ full The gas tank on return: ½ full (Tank holds 24 gallons.) Dinner at the hotel restaurant: $182.86 Breakfast for two: Morning #1 24.16 Morning #2 26.66
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
Peter and Abby Gunderson are planning to get away for a weekend in New York City. The hotel is offering a special weekend rate of $77.75 per night, with double occupancy. The hotel has a minimum two-night stay and includes a $50 credit toward their dinner at the hotel restaurant. Also included in the package is a $3.50 credit per person toward breakfast for two each morning.
They are planning to rent a car for the trip. The rental agency charges $19.15 a day with an additional charge of 34 cents a mile and $2.18 per gallon of gas used. The gas tank holds 24 gallons.
From the following details, calculate the total cost of this weekend for Peter and Abby. Assume no taxes.
Car rental (2 days)
Beginning odometer reading 4,880
Ending odometer reading 4,900
Beginning gas tank: ¾ full
The gas tank on return: ½ full
(Tank holds 24 gallons.)
Dinner at the hotel restaurant: $182.86
Breakfast for two:
Morning #1 24.16
Morning #2 26.66
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