SKYVIEW MANOR OVERVIEW Hotel Skyview Manor hanya buka pada musim ski. Hotel buka pada tanggal 2 Desember dan tutup pada akhir Maret. Pegunungan ski beroperasi hanya selama 120 hari per tahun. Setiap 50 kamar di sebelah timur disewakan sebesar $15 untuk satu orang atau $20 untuk dua orang. Untuk 30 kamar di sebelah barat disewakan sebesar $20 untuk satu orang dan $25 untuk dua orang. Rata-rata tingkat penyewa kamar hotel selama musim ski adalah sebesar 80% (dengan kondisi hotel penuh disaat akhir
Premium
Skyview Manor This case study is set in 1962 in rural Vermont. The Skyview Manor is an old‚ but well-maintained property that has changed ownership several times over the years. It has no restaurant or bar. It is positioned as a mid-price‚ good quality “destination” resort hotel. The Skyview Manor is open only during the skiing season. It opens on December 2 and closes the last day of March. The ski mountain that it serves operates on a permit from the state which allows only 120
Premium Swimming pool
SkyView Manor Case Question 1 variable Cost Linen service $13‚920.00 Supplies $1‚920.00 1/2 Misc Exp $3‚657.00 Total $19‚497.00 Revenue $160‚800.00 CM Ratio = 1- (19497/160800) 0.87875 Average room 160800/7680 rooms $20.94 contribution margin per room $18.40 Fixed Cost Depreciation 30000 Property tax 4000 Insurance 3000 Mortgage 21716 Salaries $27‚480.00 payroll Tax $5‚496.00 Repairs $17‚204.00 Utilities $6‚360.00 1/2 misc $3‚657.00 Total 118913 Break even 6463 rooms / 120
Premium Variable cost Costs Swimming pool
ACC 5850 Skyview Manor Case 1. On average‚ how many rooms must be rented each night in season for the hotel to break even? Variable Costs: Cleaning Supplies $1‚920 Linen Service $13‚920 ½ Misc Expenses $3‚657 $19‚497 (Total Variable Cost) Variable Cost per Occupied Room Night: = =$2.54. Contribution Margin: Average Revenue = = $20.94 Contribution Margin = Revenue – Variable Cost = $20.94 – $2.54 = 18.40. Fixed Costs: = Total Costs – Variable Costs
Premium Variable cost Contribution margin Fixed cost
The principal question of the case study is whether Skyview Manor should stay open during the off-season or not. Currently‚ Skyview Manor is operating during the skiing season which opens a total of 120 hotel operating days but if they remain open the hotel will operate 365 days a year. The manager of the hotel‚ Mr. Kacheck‚ is worried about off-season losses. Mr. Kacheck proposed following ideas in order to increase the occupancy and decrease the losses. * Stay open in the off-season and
Premium Variable cost Costs Management accounting
1. On average‚ how many rooms must be rented each night in season for the hotel to breakeven? We calculate the blended rate for each of the wings using the single room and double room rates and occupancy ratios. The daily expense during the season is - Hence to break even we must have occupancy to cover $1‚153.42 in costs on a daily basis. Assuming equal occupancy (x) in East Wing and West Wing we get the equation as (24*30 + 19*50)*x = 1153.42. We get occupancy as 69.1 percent. Hence
Premium Depreciation Expense Winter
Question 1. Break-even point (per unit) = Total Fixed Costs / Average Revenue – Variable Costs per Unit Total Fixed Costs = Total Costs – Variable Costs Total Costs = $138‚410 (Total Expenses‚ Exhibit 1) In this case‚ Variable Costs would include Cleaning Supplies‚ Linen Service‚ and one half of Miscellaneous expenses; therefore‚ Total Variable Costs = 1‚920 + 13‚920 + 3‚657 = $19‚497 Thus‚ Total Fixed Costs = $138‚410 - $19‚497 = $118‚913 Average number of rooms occupied per season = 120
Premium Variable cost Costs Fixed cost
assumptions: 1) The hotel only opens in the ski season just as did it last year thus all operating expenses of the year would need to be absorbed; 2) Telephone is only active in occupied rooms Based on these assumptions‚ I used the excel solver to find a solution making sure the revenue generated covers all the expenses. These chart below shows how each item on the IS is computed. Based on these amounts‚ the average occupancy rate needs to be 55 rooms per night. 2. The hotel is full on weekends in the
Premium Variable cost Hotel
1.) Identification of Problem: Key Issues/Problems: Carson Manor is a nursing home that houses the elderly and provides them with nursing care. This case of Carson Manor the nursing home is fraught with cost inefficiencies. There are more issues with the system of classifying patients and the levels of nursing care given to each of those patients. Potential Problems include: * Budget is massively inefficient in keeping and taking care of the elderly within the nursing home. * Nurses will
Premium Nursing Care of residents Proposal
The Manor is a 189-room condotel‚ the first at Camp John Hay. It began partial operations in December 2001 and became fully operational in the summer of 2002. | | A Little History of Camp John Hay By Jun Ventura PHILSTAR.COM Publish Date: [Saturday‚ April 13‚ 2002] Baguio used to be a native Ibaloi hamlet called "kafagway" which means "a wide open space." The name later became "Baguio‚" which comes from the abundant moss called "bagiw." The Americans only accidentally discovered Baguio while
Premium Pine Baguio City