ABC Hotel is a 390-room economy hotel in downtown St. Louis. After taking physical inventory of the laundry chemicals on May 31st, the assistant controller found that:
In the Main Storeroom
In the Laundry Room
The beginning inventory for laundry supplies on May 1st was $6,051.75. Purchase of laundry chemicals on May 9th totaled $890.15. The hotel sold 9,067 rooms for the month at an average daily rate of $65.10. Please calculate the laundry chemical cost percentage for the month. Please round all answers to two decimal places.
First please calculate total ending inventory $___
2. Please use the information in Question 1 to calculate the cost of laundry supplies used. Round all answers to two decimal places.
Cost of laundry supplies used $___
3.Please use the information in Question 1 to calculate the monthly rooms revenue. Round all answers to two decimal places.
Monthly rooms revenue $___
4. Please use the information in Question 1 to calculate the laundry cost percentage. Round all answers to two decimal places.
Laundry cost percentage ___%
5. Calculate the net food cost percentage for the Food department of a hotel for the month of May. The total food sales revenue for May was $191,118. The following information has been gathered:
To earn full credit, please calculate these amounts. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts:
First calculate gross cost of food sales $___
In: Accounting
what are the interior and exterior facilities required to construct an amusement park
details of infrastructure of an amusement park
In: Civil Engineering
In Crystal Ball
The Harriet Hotel in downtown Boston has 100 rooms that rent for $150 per night. It costs the hotel $30 per room in variable costs (cleaning, bathroom items, etc.) each night a room is occupied. For each reservation accepted, there is a 5% chance that the guest will not arrive. If the hotel overbooks, it costs $200 to compensate guests whose reservations cannot be honored.
How many reservations should the hotel accept if it wants to maximize the average daily profit?
In: Statistics and Probability
Hotel (hotelno(PK), hotelname, city)
• Room (roomno (PK), hotelno (PK,FK), type, price) type can be single, double, family
• Booking (hotelno(PK,FK), guestno(PK,FK), startdate(PK), enddate, roomno(PK,FK))
• Guest (guestno(PK), guestname, guestaddress)
1-Display on the screen the hotel name and city of all room type family.
2-Display hotel name and city for the guests currently staying at the Holiday Inn Hotel.
In: Computer Science
Question B1 Hong Kong Tourism Board (HKTB) has modified the hotel classification system to reflect more accurately the quality and service of Hong Kong Hotel. These factors are weighted to their relative importance according to the result of survey. The composite score of a hotel, which is compiled, based on the scores obtained for the indicators and the weights of the indicator and it is the overall measure reflecting the category of the hotel.
a) Identify FOUR components under Facilities factor; illustrate your answer with ONE example from each component.
b) From each component under Facilities, based on the official websites of EIGHT hotels in HKSAR, find out a total of EIGHT different hotels, including FOUR of them will get lowest score and FOUR of them will get highest score. Briefly provide reasons to support your findings.
c) Under Location, hotel can get score 1 to 5. Identify and explain FIVE different hotels, including ONE each with score 1, 2, 3, 4 and 5 at Location, based on the websites of hotels in HKSAR.
d) Explain how a hotel can get the highest score under SRR.
e) Explain how a hotel can get the highest score under AARR. f) Under Business Mix, will a hotel get zero score? Explain your answer.
In: Operations Management
The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year. An occupancy-day represents a room rented for one day. The hotel’s business is highly seasonal, with peaks occurring during the ski season and in the summer.
| Month |
Occupancy-Days |
Electrical Costs | |||
| January | 2,710 | $ | 5,270 | ||
| February | 3,600 | $ | 6,205 | ||
| March | 860 | $ | 2,150 | ||
| April | 2,170 | $ | 4,350 | ||
| May | 4,200 | $ | 7,160 | ||
| June | 1,530 | $ | 3,825 | ||
| July | 4,110 | $ | 7,050 | ||
| August | 4,060 | $ | 6,925 | ||
| September | 1,980 | $ | 4,090 | ||
| October | 1,160 | $ | 2,900 | ||
| November | 1,210 | $ | 3,025 | ||
| December | 2,480 | $ | 4,910 | ||
Required:
1. Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy-day. (Do not round your intermediate calculations. Round your Variable cost answer to 2 decimal places and Fixed cost element answer to nearest whole dollar amount.)
In: Accounting
|
The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year. An occupancy-day represents a room rented out for one day. The hotel's business is highly seasonal, with peaks occurring during the ski season and in the summer. |
|
Month |
Occupancy- Days |
Electrical |
||
|
January |
3,180 |
$ |
6,510 |
|
|
February |
2,920 |
$ |
6,261 |
|
|
March |
3,780 |
$ |
7,392 |
|
|
April |
2,160 |
$ |
5,569 |
|
|
May |
650 |
$ |
1,820 |
|
|
June |
2,050 |
$ |
5,261 |
|
|
July |
4,050 |
$ |
7,829 |
|
|
August |
4,070 |
$ |
7,896 |
|
|
September |
1,780 |
$ |
4,984 |
|
|
October |
570 |
$ |
1,596 |
|
|
November |
1,580 |
$ |
4,424 |
|
|
December |
2,680 |
$ |
5,908 |
|
|
Required: |
|
|
1. |
Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy-day. (Do not round your intermediate calculations. Round your Variable cost answer to 2 decimal places and Fixed cost element answer to nearest whole dollar amount) |
|
|
2. |
What other factors other than occupancy-days are likely to affect the variation in electrical costs from month to month? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answers and double click the box with the question mark to empty the box for a wrong answers.) |
|
In: Accounting
Question 7
In Santa Monica, California, it was reported that a “finder’s fee”—an up-front payment of up to $5,000—was being required of prospective tenants seeking to rent special apartments. What is this an example of?
the black market
a price floor
price gouging
a government price ceiling
Question 8
Mesa Petroleum Company built a small park in front of its corporate office. This is an example of __________.
imposing external costs on its shareholders
providing a pure public good
providing external benefits to the community
assuming city responsibilities
Question 9
What is the most frequently cited example of an externality?
service charges
public protest
pollution
sales taxes
Question 10
A negative externality exists when __________.
all costs are taken into account in the demand curve
all costs are taken into account in the supply curve
the market demand curve is not the true demand curve
the marginal social costs are not taken into account in the supply cur
In: Economics
Taking the family to an amusement park has become increasingly costly according to the industry publication Amusement Business, which provides figures on the cost for a family of four to spend the day at one of America’s amusement parks. A random sample of 25 families of four that attended amusement parks yielded the following costs, rounded to the nearest dollar.
|
122 |
166 |
171 |
148 |
135 |
|
173 |
137 |
163 |
119 |
144 |
|
164 |
153 |
162 |
140 |
142 |
|
158 |
130 |
167 |
173 |
186 |
|
92 |
170 |
126 |
163 |
172 |
Given the cost is normally distributed.
a) Suppose the population standard deviation is $21. Determine a 95% confidence interval for the mean cost of a family of four to spend the day at an American amusement park.
c) What is the margin of error of the 95% confidence interval obtained ?
d) Suppose we want to find a 95% confidence interval with margin of error 0.5. How many samples shall we collect?
In: Statistics and Probability
The United States appears at times to have a totally schizophrenic attitude toward protectionism. The United States was the country that proposed the establishment of the World Trade Organization as early as the late 1940s, and was also the only industrialized country that refused to ratify this at that time. The United States has consistently argued on the side of multinational free trade in GATT Rounds, and yet maintains many protectionist laws such as those which reserve oil shipments from Alaska to U.S. flag carriers. How can you explain this apparent lack of national consistency on this issue?
In: Economics