Question: The following data pertain to the Waikiki
The following data pertain to the Waikiki Sands Hotel for the month of March.
Required:
Prepare a March performance report similar to the lower portion of Exhibit 12–4 . The report should have six numerical columns with headings analogous to those in Exhibit 12–4 . Your performance report should cover only the Food and Beverage Department and the Kitchen. Draw arrows to show the relationships between the numbers in the report. Refer to Exhibit 12–4 for guidance. For the year-to-date columns in your report, use the data given in Exhibit 12–4 . You will need to update those figures using the March data given above.
Exhibit 12–4:
Transcribed Image Text:
Flexible Budget March (in thousands)* Actual Results March (in thousands)* Banquets and Catering $ 650 . $ 658 Restaurants. 1,800 . 1,794 Kitchen staff wages . (85). (690) (125). (86) Food . (690) (122) Paper products Variable overhead (75) (78) Fixed overhead (90) (93) .... "Numbers without parentheses denote profit; numbers with parentheses denote expenses. ctiva
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