Similar to the above, calculate the dollar change and the percentage change for Average RoomRate. Round to the nearest penny for dollar change and 10th of a percent, je. 2.2%, for percentagechangel.Calculate this change when comparing Actual values to Budgeted values and when comparingActual Values to Last Years values.Average Room RateDollar ChangePercentageChaneActual Change compared toBudgetSelee)|"Seed"||ZNActual Change compared toLast YearSelectSUZA> Room RevenueRoom ProfitRooms SoldActual$695,000Average Room Rate $67.50$500,000Catering Revenue10,300Occupancy Percent 83.1%Budget Last Year$680,000$240,000$486,000$68.0010,000Restaurant Revenue $126,000 $125,00080.1%$250,000$650,000$460,000Gift Shop Revenue $23,000 $22,000$65.66Beverage Revenue $48,000 $50,000 $47,0009,90079.8%$124.000$245,000Total F&B Revenue $414,000 $425,000 $416,000$21,000Total Revenues $1,132,000 $1,127,000 $1,087,000

Room Revenue Room Profit Rooms Sold Actual $695,000 Average Room Rate $67.50 $500,000 Catering Revenue 10,300 Occupancy Percent 83.1% Restaurant Revenue $126,000 Budget $680,000 Total F&B Revenue $414,000 $486,000 $68.00 10,000 80.1% Last Year $240,000 $250,000 $650,000 $460,000 $65.66 9,900 Beverage Revenue $48,000 $50,000 $47,000 79.8% $125,000 $124,000 $245,000 $425,000 $416,000 Gift Shop Revenue $23,000 $22,000 $21,000 Total Revenues $1,132,000 $1,127,000 $1,087,000

Room Revenue Room Profit Rooms Sold Actual $695,000 Average Room Rate $67.50 $500,000 Catering Revenue 10,300 Occupancy Percent 83.1% Restaurant Revenue $126,000 Budget $680,000 Total F&B Revenue $414,000 $486,000 $68.00 10,000 80.1% Last Year $240,000 $250,000 $650,000 $460,000 $65.66 9,900 Beverage Revenue $48,000 $50,000 $47,000 79.8% $125,000 $124,000 $245,000 $425,000 $416,000 Gift Shop Revenue $23,000 $22,000 $21,000 Total Revenues $1,132,000 $1,127,000 $1,087,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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4
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vmp
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None
A 297.