You are the catering manager for an upscale hotel. Last Saturday your staff catered a wedding reception in the main ballroom, during which 273 chicken dinners, 63 steak dinners, and 84 fish dinners were served. All dinners are the same price. The hotel charges "per person" for catered events. (a) The percent of the total meals served was each type of dinner was chicken 25% steak 15% fish 20% (b) $23,100 was charged for all the meals, the revenue (in $) for each type produce was... chicken. $15,015 steak. $3,465 fish. $4,620 Answer the following questions... (c) If a 20% price increase goes into effect next month, what will be the new price (in $) per meal????? (d) When photographers, florists, DJs, bands, and other outside vendors are booked through your office for events at the hotel, an 8 1/2 % "finder's fee" is charged. Last year, $195,000 of such services were booked. How much (in $) did the hotel make on this service? $=??? (e) If your boss is expecting $20,400 in "finder's fee" revenue next year, what amount (in $) of these services must be booked????????
You are the catering manager for an upscale hotel. Last Saturday your staff catered a wedding reception in the main ballroom, during which 273 chicken dinners, 63 steak dinners, and 84 fish dinners were served. All dinners are the same price. The hotel charges "per person" for catered events. (a) The percent of the total meals served was each type of dinner was chicken 25% steak 15% fish 20% (b) $23,100 was charged for all the meals, the revenue (in $) for each type produce was... chicken. $15,015 steak. $3,465 fish. $4,620 Answer the following questions... (c) If a 20% price increase goes into effect next month, what will be the new price (in $) per meal????? (d) When photographers, florists, DJs, bands, and other outside vendors are booked through your office for events at the hotel, an 8 1/2 % "finder's fee" is charged. Last year, $195,000 of such services were booked. How much (in $) did the hotel make on this service? $=??? (e) If your boss is expecting $20,400 in "finder's fee" revenue next year, what amount (in $) of these services must be booked????????
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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You are the catering manager for an upscale hotel. Last Saturday your staff catered a wedding reception in the main ballroom, during which 273 chicken dinners, 63 steak dinners, and 84 fish dinners were served. All dinners are the same price. The hotel charges "per person" for catered events.
(a) The percent of the total meals served was each type of dinner was
chicken 25%
steak 15%
fish 20%
(b) $23,100 was charged for all the meals, the revenue (in $) for each type produce was...
chicken. $15,015
steak. $3,465
fish. $4,620
Answer the following questions...
(c) If a 20% price increase goes into effect next month, what will be the new price (in $) per meal?????
(d) When photographers, florists, DJs, bands, and other outside vendors are booked through your office for events at the hotel, an 8 1/2 % "finder's fee" is charged. Last year, $195,000 of such services were booked. How much (in $) did the hotel make on this service?
$=???
(e) If your boss is expecting $20,400 in "finder's fee" revenue next year, what amount (in $) of these services must be booked????????
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