Reference no: EM133162992

Question - If the budget for your hotel had 100 rooms, open 300 days a year, with 50% occupancy and an ADR of $80, fixed costs of $750,000 and with a marginal cost per room of $17.50 then

a) What would be your budgeted sales revenue.

b) If your actual sales revenue was $1,5000,000 what would be the variance in %

c) If your ADR as actually $85 would the variance be positive or negative

d) If your actual marginal cost was $17.25 would the variance be positive or negative?

e) If you actually sold 155,000 rooms would the variance be positive or negative?