3. Commissions from vending machines would be reported by a hotel on its summary income...
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3. Commissions from vending machines would be reported by a hotel on its summary income statement as- a. food sales b. interest income c. rentals and other income d. None of the above. Why? 4. The cost of foods used is when beginning food inventory S 10,000, 15.000"p 200,000p ending food inventory-* food purchases* cost of employee meals 2,000. free food for VIPs 500p a. $205,000v b. $200,000 c. $195,000v d. $192.500- 5. The cost of food sold based on the information in question 4 is a. $205,000v b. $200,000 c. $195.000 d. $192,500 6. Which of the following is not an Undistributed Operating Expense (UOE)? a. depreciation b. franchise fee+ c. heat, light and power d. GM's salary* 7. Management fees are shown as on the Summary Income Statement. a. fixed charges b. UOE c. management fees (separate line)- d. None of the above. Why
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