Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Operation Budgeting
Holly's Hotel budgeted 800 room sales for the week ended March 10. The estimated average price per room was $18.50. The actual average price per room was 10% greater than anticipated, while room sales in units were 10% lass than forecasted.
Q. What is the budget variance for the week? Analyze the budget variance by calculating each revenue variance.
Part 2
For the same week, Holly's Hotel's head housekeeper, based on the work standard, budgeted 400 hours for room attendants to clean the rooms sold. The actual hours worked totaled 380. The estimated average wage rate for the attendants is $4.00 per hour. The wages paid totaled $1444.
Q. 1 Were the room attendants efficient?
2 How much was the rate variance?
3 Based on the above, how would you rate the head housekeeper, considering the dollars spent? Use figured to support your answer.
Understand the primary concepts and practices underpinning Project management and able to devise and implement a project management plan and work effectively within a project team.
Can the project manager effectively deteremine the functional employee on technical performance? If not, then on what information can the project manager base his evaluation?
The ranking of projects differs on the use of IRR or NPV measures. Which project should be selected? Why is the IRR ranking misleading?
Calculate economic order quantity - How many tires should Rocky Mountain order each time it places an order
How important is it for a project manager to have expert judgment in the subject matter of the project and Must an IT project manager be an expert in the technology that is being implemented?
A project budget report is showing our project as spending 35,000 against a budgeted amount of 40,000. What does this report tell you about the project?
Explain the steps in the statistical analysis and explain the steps in the statistical analysis
Project management: Value of linear reponsibility matrix - use the RAM meaning the responsibility assignment matrix
None of the projects requires or precludes any of the other projects, and each project costs $2,000. What is the NPV of each project?
Create a table that shows the different elements that are found in an internal proposal and an external proposal for this training.
After the withdrawal, what are the individual capital balances of the remaining partners?
Project Performance: List the desired outputs from the project. Specify the performance criteria for the project.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd