What total revenue that needs to be generated by only rooms

Assignment Help Financial Accounting
Reference no: EM132996039

Problem 1: Imagine that Sky High Hotel has two operating departments, which are rooms and F&B departments. Rooms and F&B departments have acquired $300,000 and $240,000 revenue respectively. Also, the VC for the rooms and F&B departments are $120,000 and $95,000 respectively. This hotel has an FC of $150,000. The management of this hotel set the sales mix structure as 80.00% for rooms department and 20.00% for the F&B department. What is total revenue that needs to be generated by only rooms department at the breakeven with a given sales mix levels?

Reference no: EM132996039

Questions Cloud

Monitor and evaluate strategy implementation : Monitor and evaluate strategy implementation - Consult the notes you have made during the information session in Assessment Task 4, and assume
Conduct an information session for staff : Conduct an information session for staff - roles of members of the Oz Careers outplacement team, and plan and conduct an information session for trainers at AWS
What radon acid-test ratio is : Total current liabilities are $100,000. To two decimals, What Radon's acid-test ratio is? Presented is information available for Radon Corp.
Determine how managers might use accounting information : Determine how managers might use accounting information for planning and controlling purposes
What total revenue that needs to be generated by only rooms : Sky High Hotel has two operating, What is total revenue that needs to be generated by only rooms department at the breakeven with a given sales mix levels?
Develop change management strategy : Develop change management strategy - prepared the change management strategy, and now are required to conduct a presentation and consultation with the senior
What is the current share price : Gruber Corp. pays a constant $8.00 dividend on its stock. The required return on this stock is 10 percent. What is the current share price
What would be the cost of the new asset acquired : NCT Company acquired a machine in exchanged, If the exchange is lacking in commercial substance, what would be the cost of the new asset acquired?
Compute variable cost per unit : Firebird Mfg. Co. has a contribution margin ratio of 40 percent and must sell 80,000 units at a price of $90 each in order to break even. Compute variable cost

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd