Question: Based on the Contributory Income Statement below answer the following question: What is the Operating Income from Spa department expressed in dollars? *for your answer

 Based on the Contributory Income Statement below answer the following question:

Based on the Contributory Income Statement below answer the following question: What is the Operating Income from Spa department expressed in dollars? *for your answer round to the whole number DO NOT use decimals, percentage signs, dollar signs not periods nor comma 123456) if your answer is a negative value use a minus sign before le, (-123456) Indirect Expenses are allocated based on the following: * Admin/General & Marketing are allocated based on sales 96 * The rest of Indirect Expenses are allocated based on square footage Rooms Department 6000 sq feet Food & Beverage Department 3000 sq feet Rooms Department 1500 sq feet UR HOTEL Contributory Income Statment For the period ending December 31, 2020 ROOMS ROOMS FOOD & BEVERAGE SPA Total 2.712.000 2.560.000 980.000 SALES REVENUE DIRECT EXPENSES Cost of Labour Omer Direct Coats To Drect Costs 5.000 650.000 156.000 900.000 120.000 196.000 18000 190.000 74.600 INDRECT EXPENSES Admin/Gener Marting uties Property Ops Maint Depreciation Insurance 195.000 190.000 100.000 75 000 50.000 45.000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!