1 variance $$ % % % Actual $ $ 726,625.00 $ 1,089.50 $ 725,535.50 Budget $ $642,010.00 $3,205.00 $638,805.00 $36,750.00 $52,725.00 $89,475.00 $26,171.00 $44,121.00 $70,292.00 $25,675.00 $4,695.00 $30,370.00 $35,065.00 $ 23,500.00 $ 2,802.00 $ 26,302.00 $ 26,302.00 2 8 REVENUE 4 Total rooms sales 5 Allowances & rebates 5 Net room sales 7 SALARIES & WAGES 3 Front office Housekeeping Total salaries and wages 1 PAYROLL TAXES & BENEFITS 2 Payroll taxes and employee relations 3 Employee meals 4 Total payroll taxes and benefits 5 Total payroll and related 6 OTHER EXPENSES 7 Travel commissions 8 Outside services 9 Cleaning Supplies Linen replacements 21 Guest supplies -2 Glassware -3 Window washing -4 Telephone -5 Postage -6 Printing and stationary supplies -7 Uniforms 8 Laundry supplies -9 Incentive plan Shuttle van expense 1 Total other expenses =2 Total expenses 3 Departmental profit On min 600 0 0 Nm in oo O Om in $ 11,110.00 $1,950.00 $2,990.00 $3,880.00 $7,595.00 $625.00 $3,000 $ 2,650.00 $150.00 $1,525.00 $ 1,180.00 $2,650.00 $ $ 5,026.00 $ 33,661.00 $153,506.00 $572,029.50 $ 10,460.00 $0.00 $ 1,265.00 $ 2,595.00 $ 7,285.00 $ 0 $ 2,675.00 $ 100.00 $ 1,625.00 $ 360.00 $ 2,245.00 $ 800.00 $ 4,050.00 $ 33,460.00 $130,054.00 $508,751.00 4 5 To determine dollar ($) variance: Budgeted amount is subtracted from actual amount in both revenue category and budget category 6 To determine percentage (%) variance: divide dollar ($) variance into budget amount