Your forecast needs to Include the Dollar Figures and the % values for these affected by changes outlined below. The % values must be listed for each expense Item shown In the Expenses Analysis for each department. You have met with the department heads of Hotel Futura and the following details have been discussed to prepare your draft budget for 2017: 1. Rooms Division: a. Due to renovations the rooms available have been reduced to 96%. b. The forecasted occupancy rate has been adjusted to 80%. c. The revenue per available room needs to be increased to $150.00 d. The COGS will increase to 15% of total room revenue e. Staff costs need to be increased to 20% of total room revenue to allow for increases in superannuateon and awards. f. Other Expenses need to increase to 8% of total room revenue to cover electricity price rises