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Determine the contribution margin and the profit for this property (note there are 3 departments)...

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Accounting

Determine the contribution margin and the profit for this property (note there are 3 departments) for the month of September.

400 rooms available for sale

ADR = $ 250

Variable Cost per room = $30

Fixed cost per month = $ 1,000,000

Month has 30 days

Occupancy rate for August is 80%

The average check in the restaurant is $30

The average food cost is $10

The restaurant has 200 seats and the turnover rate is 2.

The coffee shop had sales of $300,000 and a variable cost of $100,000 in September

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