The Rainbow Motor Motel is a 50-room facility with a restaurant to accommodate its guests. The motel
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Question:
Sales $150,000,
Beg Inventory 8,000,
Purchases $70,000,
Ending Inventory, $ 13,000
Consumption by employees (free of charge) $3,000,
Number of checks 64,139.
Cost of sales ?
Total room sales were $450,000
1. Compute the following:
a) paid occupancy percentage for year
b) Number of guests per occupied room
c) Food cost percentage
d) Average room rate
e) REVPAR
2. Estimate the room sales in dollars for next year. Assume the average room rate will increase by 10% over the current year.
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