rumbling Resort Hotel has a dining room that gets all its business revenue from the...
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Accounting
rumbling Resort Hotel has a dining room that gets all its business revenue from the people occupying rooms in the hotel. The hotel has 200 rooms. During the month of July, 2023, hotel management expects an occupancy rate of 88%; since Crumbling Resort is a family-oriented place, there will be on average 3 people in each occupied room per night.
Based on knowledge of past years, Crumblings management knows that 90% of their hotel guests eat breakfast in the hotel dining room, 30% eat lunch there and 75% eat dinner there. The dining room serves three meals a day, seven days a week. Average meal prices are:
Breakfast: $ 10.80
Lunch: 19.50
Dinner: 32.70
Total: $ 63.00
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