Reference no: EM133407600
Questions:
1. What is the difference between a budget prepared for a calendar year and one prepared for a fiscal year?
2. Which two departments are usually included in the rooms division's operating budget?
3. What is the projected annual departmental income for a resort that plans to sell 130,500 rooms at an ADR of $77.50? The anticipated total expenses for the year are $3,050,600.
4. Classify the following expense categories into (a) front-desk-only expenses; (b) house- keeping-only expenses; (c) shared expenses: front office salaries, housekeeping salaries, payroll taxes and benefits, travel commissions, outside services, cleaning supplies, linen replacements, guest supplies, telephone, postage, printing and station nery supplies, uniforms, laundry supplies, customer goodwill, auto expense.