Accounting and Financial Analysis in the Hospitality Industry 1st Edition by Johnathan Hales ,Hubert Van Hoof

تمرين 2

There are two budget problems to complete. First, calculate amounts to use in budgeting based on actual information and formulas. Second, prepare an annual budget based on that information. Information for the Rooms Department of the Flagstaff Hotel tor the first six periods of the year is as follows:
Prepare the annual operating expense budget for the next year using the formulas from Problem 1 and the following assumptions: Remember there are 13 accounting periods in a fiscal year, each with 4 weeks and 28 days.