Question: Compute the variance analysis for a hotels restaurant and indicate the reasons for the gain or loss in revenue. The hotels budget for restaurant revenue

Compute the variance analysis for a hotels restaurant and indicate the reasons for the gain or loss in revenue. The hotels budget for restaurant revenue is $673,428 based on total covers of 37,961 and an average guest check of $17.74. The propertys actual restaurant revenue is $655,295 with covers totaling 31,429 and an average guest check of $20.85.

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