A hotel operated by a company has 180 single rooms and 60 double rooms. The rent of the double rooms is set at 160% of the rent of the single rooms. The operational costs per day per room are estimated as under :
Variable costs per day for a single room and a double room are Rs.300 and Rs.500 respectively.
Fixed costs per day for a single room and a double room are Rs.500 and Rs.780 respectively.
The average occupancy of both the single rooms and double rooms is expected to be 85% throughout a year of 365 days. In fixing the room rent, the company desires to earn a margin of safety of 20% on its tariff.
Required :
(i) Calculate the tariff per day per (1) Single room and (2) Double room.
(ii)
The hotel intends to reserve the normal occupancy of 12 single rooms for one of its valued corporate customers at a discount (excluding tax) of 10% of the rent What increase in the occupancy of the remaining single room days is required to compensate the loss arising from the discount.
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I have registered to appear for both groups of CA final in May 2008 however i m prepared for only group 2 is it ok if i directly attend the grp 2 papers without attempting the group 1
will i be considered passed for group 2 or if i get an exemption will it be considered
please help and clarify at your earliest
THanks
can an assessee avail cenvat credit on capital goods purchased before getting the registration with service tax department.
along with name of publishers and full name of the book.
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HI SIRS G.V IN MY PREVIOUS QUESTION I HAD ASKED U THAT IHAVE PASSED MY CPT IN AUG 2007 N FAILED MY 10+2 IN MARCH 2007 N NOW I HAD PASSED MY 10+2 II MAY 2008 CAN I REGISTER FOR PCC OR I SHOULD WRITE CPT AGAIN U HAVE SAID THAT I CAN REGISTER FOR PCC N NOW IWANT TO ASK that my sir has said me to conform from iaci by calling other wise i would be booked under the case of cheating and i cant do ca in my life for which i have lot of respect pls clarify n give me the p.h no of icai to ask this question . pls sir. thank uuu
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Cost Management (Cost of Service sector) Problem