What is the percentage change in Room Revenue when comparing Actual Room Revenue to Budgeted Room Revenue? (Round to three decimal places.) 2.205% 2.756% 3.456% O 3.895%
What is the percentage change in Room Revenue when comparing Actual Room Revenue to Budgeted Room Revenue? (Round to three decimal places.) 2.205% 2.756% 3.456% O 3.895%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![What is the percentage change in Room Revenue when comparing Actual Room Revenue to
Budgeted Room Revenue? (Round to three decimal places.)
2.205%
2.756%
3.456%
O 3.895%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F75575e6b-0232-49e0-b34d-4bc55fc248a8%2F52042751-ddfe-4c22-bbf9-eb3e7950d247%2Fva4qf7e_processed.jpeg&w=3840&q=75)
Transcribed Image Text:What is the percentage change in Room Revenue when comparing Actual Room Revenue to
Budgeted Room Revenue? (Round to three decimal places.)
2.205%
2.756%
3.456%
O 3.895%
![Room Revenue
Room Profit
Rooms Sold
Actual
$695,000
Average Room Rate $67.50
$500,000
Catering Revenue
10,300
Occupancy Percent 83.1%
Budget Last Year
$680,000
$240,000
$486,000
$68.00
10,000
Restaurant Revenue $126,000 $125,000
80.1%
$250,000
$650,000
$460,000
Gift Shop Revenue $23,000 $22,000
$65.66
Beverage Revenue $48,000 $50,000 $47,000
9,900
79.8%
$124.000
$245,000
Total F&B Revenue $414,000 $425,000 $416,000
$21,000
Total Revenues $1,132,000 $1,127,000 $1,087,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F75575e6b-0232-49e0-b34d-4bc55fc248a8%2F52042751-ddfe-4c22-bbf9-eb3e7950d247%2F1gouufb_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Room Revenue
Room Profit
Rooms Sold
Actual
$695,000
Average Room Rate $67.50
$500,000
Catering Revenue
10,300
Occupancy Percent 83.1%
Budget Last Year
$680,000
$240,000
$486,000
$68.00
10,000
Restaurant Revenue $126,000 $125,000
80.1%
$250,000
$650,000
$460,000
Gift Shop Revenue $23,000 $22,000
$65.66
Beverage Revenue $48,000 $50,000 $47,000
9,900
79.8%
$124.000
$245,000
Total F&B Revenue $414,000 $425,000 $416,000
$21,000
Total Revenues $1,132,000 $1,127,000 $1,087,000
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