Sweet Suites, Inc. operatesahotelproperty that has 300 rooms. On average, 80% of S rooms are occupied on weekday, and 40% are occupied during the weekend. The man you to develop a budgetforthe housekeeping and restaurant staff for weekdays and w have determined that the housekeeping staff requires 30 minutes to clean each occupie housekeeping staff is paid $14 perhour. The housekeeping labor cost is fully variable to occupied rooms. The restaurant has six full-time staff on duty to staff the restaurant for lunch (eighthours), regardless of occupancy. However, forevery 60 occupied rooms, an person is brought in to workin the restaurant forbreakfast and lunch (eight hours), The is paid $12 per hour. Prepare two columns, labelled as weekday and weekend day.
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.
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Ehapter 22 Mini Case
When math is required, to receive full credit- SHOW YOUR MATH, otherwise you will not receive
credit (even if the answer is correct). You must submit your answer on a word document or
spreadsheet. Hand written responses are not acceptable and will not receive credit. Submit on
Blackboard, if submitted via email or another source you will not receive credit. If submitted late
(after the due date and time) you will not receive credit.
Sweet Suites, Inc. operates a hotel property that has 300 rooms. On average, 80% of Sweet Suites, Inc.,
rooms are occupied on weekday, and 40% are occupied during the weekend. The managerhas asked
you to developa budget forthe housekeeping and restaurant staff forweekdays and weekends. You
have determined that the housekeeping staff requires 30 minutes to clean each occupied room. The
housekeeping staff is paid $14 perhour. The housekeeping labor cost is fully variable to the numberof
occupied rooms. The restaurant has six full-time staff on duty to staff the restaurant for breakfast and
lunch (eighthours), regardless of occupancy. However, forevery 60 occupied rooms, an additional
person is brought in to work in the restaurant for breakfast and lunch (eight hours). The restaurant staff
is paid $12 per hour. Prepare two columns, labelled as weekday and weekend day.
Requirements:(s
v all your math for full credit)
Determine the numberofrooms occupied for an average weekday and weekend day.
2. Determine the housekeeping staff budget forlan average weekday amd weekend day.
3. Determine the restaurant staff budget foran average weekday and weekend day.
4. Determine the total staff budget for an average weekday and weekemd day,
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