The following is the Room Department Statement of profit for Calm Shore Hotel for the year 31 December 2023. Revenue $ $ $ Room Sales 800,000 Allowances 2,500 Net Revenue 797,500 Expenses Salaries & Wages 100,000 Employee Benefits 23,000 Total Payroll & related expenses 77,000 Other Expenses Commissions 2,000 Contract Cleaning 5,000 Laundry & Dry Cleaning 6,500 Linen 10,000 Operating Supplies 11,000 Reservation expenses 9,900 Uniforms 2,000 Other operating Expenses 2,500 Total Expenses 48,900 Total Expenses 125,900 Departmental Income 671,600 Other information: There were 17,000 total paid rooms occupied for the given period. The hotel is a 70 room hotel all rooms are available for sale during the year its operation calender is 365 days Required Compute the following ratios Profit Margin ratio 1 mark Labour cost percentage 1 mark Average room rate 1 mark Occupany rate 1 mark
The following is the Room Department Statement of profit for Calm Shore Hotel for the year 31 December 2023.
Revenue $ $ $
Room Sales 800,000
Allowances 2,500
Net Revenue 797,500
Expenses
Salaries & Wages 100,000
Employee Benefits 23,000
Total Payroll & related expenses 77,000
Other Expenses
Commissions 2,000
Contract Cleaning 5,000
Laundry & Dry Cleaning 6,500
Linen 10,000
Operating Supplies 11,000
Reservation expenses 9,900
Uniforms 2,000
Other operating Expenses 2,500
Total Expenses 48,900
Total Expenses 125,900
Departmental Income 671,600
Other information:
- There were 17,000 total paid rooms occupied for the given period.
- The hotel is a 70 room hotel all rooms are available for sale during the year its operation calender is 365 days
Required
Compute the following ratios
- Profit Margin ratio 1 mark
- Labour cost percentage 1 mark
- Average room rate 1 mark
- Occupany rate 1 mark
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