1. The Rumpza company sells 8,000 units at $50 per unit.

VC are $40 per unit, and FC are

$20,000. Determine the contribution margin ratio and the break- even sales($)?
contribution margin ratio= (Selling price - VC)/selling price *100=50-40/50*100= 20%
$BE=FC/CM%=20000/20%=100000
2. what is true VC? True variable costs are costs that increase or decrease in direct proportion to
increase or decrease in the level of production/activity of an entity

VC change as sales or units increase or decrease

3. Give NT (2020) $100,000

Owner Equity 12/31/2019 $600,000
Owner Equity 12/03/2020 $800,000
What is Return Equity? =100000/(1400000/2)*100=14,3%
4. Best company sells a product for $150 per unit. The VC is $130 per unit, and FC are
$200,000. a) B.E (unit). b) B.E($)
CM%=150-130/150*100=13.33%
$BE=FC/CM%=200000/13.33%=1500375
CM$=selling price-VC=150-130=20
#BE=FC/CM$=200000/20=10000
5. The owner of a restaurant bar operation wants a 60 percent net income after-tax return on his
investment of $560,000. The tax rate is 20 percent. What is the net income before tax?
Return on Investment = Net Income / Initial Investment *100
EBT= net income/(1-T%)= (60%*560000)/(1-20%)= 420000
6. Give: Begin. Inventory (10/31) $5,000
Purchases $4,000
End. Inventory (11/30) $2,000
Calculate food cost?=5000+4000-2000=7000
7. Using the high-low method, find total FC and the VC per guest if you had 14,000 and 10,000
guests, and labor costs were $15,500 and $12,000, respectively.
hight 14000 15500
low 10000 12000
difference 4000 3500
VC=3500/4000= $0.875
FC=15500-14000x0.875= $3250
8. Write three methods need to be able to separate fixed from variable components?

High/low methods

Scatter diagram

Regression analysis

9. Given: Beginning Inventory $22,000

Ending Inventory $20,000
Cost of goods $200,000
Calculate Inventory Turnover?=COGD/Avg.Inventory=200000/[(22000+20000)/2]=9.5 times
10. Estimation of total cost for rooms-only lodging operation that sells 1,000 rooms and has total
FC of $20,000 and VC per unit of $20. total costs=Fixed Cost + Unit Variable Cost X
sells=20000+(20x1000)=40000
 11. How many activities on the statement of cash flow and list the name of its? In your opinion,
which cash flow is the most important and why?

Cash flow from operating activities

Cash flows from investing activities

Cash flows from financing activities

12. given:
Food inventory on july 1: $8,000
Food inventory on june 30: $6,000
cost of sales for june: $49,000
What is the number of days in inventory?
day of inventory=avg.inventory/avg.daily cost of goods=[(8000+6000/2)]/(49000/30)
=4,29 day
13. You have the following information on Tikto Corp: Current ratio: 2.0, current assets:
$100,000, revenue: $400,000, gross profit margin: 0.4. Using the following information,
calculate: COG? Current liabilities?
Profit margin=(rev - cogs)/ rev =>cogs=240000
CR=CA/CL =>CL=50000
14. You have some information from the balance sheet of Golden’s hotel such as: Inventory,
current portion of long-term debt, retained earnings, taxes payable, capital stock, treasury
stock. Which item is: Assets? liabilities? OE?

ASSET : Inventory, taxes payable

LIABILITIES: current portion of long-term debt,

OE: retained earnings, capital stock, treasury stock

15. The owner of a restaurant wants net income after-tax return on his investment of $300,000.
The tax rate is 20 percent. What is the net income before tax? EBT=300000/1-20%=375000
16. A GB’s hotel has some information abouts Net income: $20,000, sales: 1,800,000. Calculate
profit margin? If the industry Standards of a hotel is 9.6%, profit margin of GB bad or good?
profit margin=(20000/1800000)x100=1.1% -> bad
17. The following information was available about electric cost for the second quarter of the year.
Volume (max): 3,00 units, volume (min): 1,500 units. Electric cost (max): $9,000, electric
cost (min): $6,000. Using the high-low method, estimate: a. VC? b. FC?
hight 3000 9000
low 1500 6000
difference 1500 3000
VC=3000/1500=$2.0
FC=9000-3000x2=$3000
18. Is the telephone expense FC? Explain.
cost of system/rental of system
19. The INN’s Motel had 100 rooms, annual FC equal $100,000. Average selling price per room
is $30 and variable cost per room is $10. Using the following information, calculate: a) B.E
(units)? b). If the owner wants to increased fixed cost $10,000, how many rooms they want to
be sold?
a. FC= 100,000

ADR= 30

VC= 10

CM=ADR-VC= 30-10=20

#BE= FC/CM= 100,000/20= 5000 UNIT

b. #BE= FC/CM= 100,000+10,000/20=5,500

20. Given:
Net income: $300,000
Number of shares: 2,000,000
Price per shares: $20
Calculate: a) EPS? b) Price/Earnings Ratio?

a. EPS= NI/NUMBER SHARES= 300,000/2,000,000= 0,15

b. P/E = Price per shares/ EPS= 20/0,15= 133,33

21. ABC hotel gave these datas in June/2019:

F&B sales: $6,500
Room sales: $3,150
What is the sales mix?

SALE MIX= ITEM SALE/ TOTAL SALE

F&B = F&B SALE/F&B SALE+ ROOM SALES*100= 6,500/( 6,500+3150)*100 = 67,35%

ROOM SALE= ROOM SALE/ F&B SALE+ ROOM SALES*100= 3,150/(6,500+3150)*100

= 32,65%

22. ABC hotel had 60 rooms, annual FC equal $80,000. Average selling price per room is $30
and VC per room is $10. If the owner wants to earn $10,000 net profit, so how many rooms
they want to be sold?
##add profit desired=(FC+profit desited)/(p-Vc)=(80000+10000)/(30-10)=4500
23. The Gator Restaurant currently has a variable lease is 6 percent of its total revenue. An
alternative approach is $20,000 per year. Determine its indifference point?
At indifference point: FC=VC
-> 6% sales=20,000
->sales=3333,333.33
24. Hotel a with 300 rooms night have an average occupancy rate of 80 percent and an average
daily room rate of $70. What is RePAR?
RePAR= ROOMS REVENUE/AVAILABLE ROOMS= ((300*80%)*70)/300= 56
or RePAR=ADR * OCC%
25. DTU hotel gave these datas:
Revenue: $85,000
Expenses: $5,550
What is the hotel’s profit margin?
PROFIT MARGIN = NET INCOME/ REVENUE * 100= ( 85,000- 5,550)/85,000*100= 93,47%

26. A restaurant has sales revenue of $440,000, fixed costs of $143,000, and variable costs of
$154,000. What is breakeven sales revenue?

CM= SALE – FC = 440,000- 154,000= 286,000

CM%= CM/SALE*100= 286,000/440,000*100 = 65%

$BE = FC/CM% = 143,000/65% = 220,000

27. The ABC hotel has 300 room hotel, has provided you with the following data for the months
of June 2020:
Single room sold: 2,304
Double room sold: 3,456
Calculate: Paid occupancy percentage?
OCC%= OCCUPIED ROOM/ AVAILABLE ROOMS * 100 = ( 2,304+3,456)/300*30 =
64%
28. DTU restaurant gave these datas:
Food sales: $6,500
Beverage sales: $3,220
Number of covers: 135
What is the average cover?
29. Write Fundamental Accounting Equation? Each component gives an example?

ASSETS = LIABILITIES + OWNER’S EQUITY

EX: A : CASH, INVENTORIES

L: A/P, ADVANCE DEPOSITS

OE: CAPITAL STOCK

1. The dtu hotel expectsto sell 18,000 room nights during a period with a per room variable
cost of $35. If total FC of the period are expected to be $270,000. What would the ADR
be at the breakeven point? (chọn đáp án: 50,60,70,75)

#BE=FC/ADR-VC=270,000/ADR-35=18,000

ADR= 50

2. A restaurant has an average check of $15, with an average variable cost of $6. FC are
$150,000. What is breakeven sales revenue?( chọn đáp án: 200k,260k,250k,none)

CM$=15-6=9 =>CM%=6x10^-3

$BE=250,000

3. The Red sands hotel breakeven point is achieved when 17,750 rooms are sold during a
period, its average daily rate(ADR)is $80, and the per-room VC sold is $32. The total FC
for the period equal (chọn đáp án: 800k,825k,852k)

CM=80-32=48
 #BE=FC/CM=FC/48=17,750

FC= 852,000

4. Hotel a with 500 rooms might have an average occupancy are of 80 percent. What is
paid occupancy?( chọn đáp án: 400,450,500,550)

OCC= 500*80%=400

5. If hotel had total revenue for a give night of $7,200 from 80 rooms occupied, the
average daily rate per occupied room is(chọn đáp án: 80,90,85$)

average daily rate=7,200/80=90$

6. Food sales: $4,400: beverage sales: $2,300. What is the sales mix?

Total sales=6,700

Food sales=4,400/6,700*100=65,67% =>food bev=100%-65,67=34,33%)

7. The ingredient cost associated with a chicken dinner are$2.25.The desired food cost
percentage for chicken is 25%. Using the ingredient markup approach, what would be he
price of the chicken dinner?( chọn đáp án: 6,7,8,9)

price=2,25/25%=9

8. A motel has an average daily rate (ADR) of $60. The FC for each of the 2,200 rooms
sold during a period were $35. Ifit has a variable cost per room is $28. What is the
contribution margin per room sold?

CM= ADR-VC=60-28=32

9. A motel has an average daily rate (ADR) of $50. The FC for each of the 2,200 rooms
sold during a period were $15. Ifit has a variable cost per room is $20. What is the
contribution margin per room sold?

CM= ADR- VC = 50-20=30

10. DTU hotel expects to sell 15,000 room nights during a period with a per room variabe
cost of $35. If total FC of the period are expencts be at the breakeven point?
(50,60,70,75)

11. VC per unit is $16 and average sale per unit (average room rate) is $40. What is VC%?
( chọn đáp án: 50,40,0.4,0.5) VC%=16/40*100= 40%

12. Hotel ABC with 50 rooms. On dec 2019, it had occupancy rate of 80%. What is paid
occupancy?( chọn đáp án: 40,400,1200,1240)

occupancy=50*31*80%= 1240

13. Using the following information, canculated the pai occupancy percentage,with paid
rooms occupaide: 40,000 and rooms available: 50,000 (chọn đáp án: 80,50,60%)

ü OCC%=40000/50000*100=80%
14. Fixed cost are $ 127,996 , sales revenue is $ 240,000 , and VC are $ 187,200. What is
breakeven revenue ?

CM= sale – VC = 240,000 - 187,200= 52,800

CM%= cm/ sale *100 = 22%

$BE= FC/CM%= 581,800

15. The average room rate is $ 50 when 500 rooms are sold , and if the mujltiple occupancy
is 40% and double rooms are priced $10 higher than single rooms , then the price of
double room is

$56

16. The main focus of managerial accounting is

.Decision making..

17. When fixed cost is divided into contribution margin per unit, it gives

B.breakeven number of units

18. Which group of ratios relate profits to sales and investment?

D.Return on assets

19. Which group of ratios measure a firm’s ability to meet short term obligations ?

Liquidity ratios

20. A cost which changes in proportion to changes in volume of activities í called a :

Variable cost

21. Finacial statements includes “

Balance sheet

Income statement

The statement of cash flowes

22. A cost which remain constant in short or long term even as sales increase or decrease is
called :

Fixed cost

23. Cost behavior analysis focuses on

How costs react to change in activity level

24. The income statement presents operating results at a point in time

False
25. Which of the following items is a long term liability ?

Mortgages payable

26. Financial accounting is aggregated , hospitality managerial accounting is focused on

products and departments

True

27. In analyzing revenue variances the main logic is as follows:

More actual customers than budgeted is favourable

28. Managerial accounting is primarily concerned with managers and external users

False

29. The classified balance sheet of a corporation has three sections, which are there:

Assets, liabilities , shareholders equity sections

30. Prepaid expenses are classified as

Current assets

31. One of the following activities does not form part of the main purpose of budgeting .
which one

Supervision

32. System of reporting revenues and exppenses in the period in which they are considered
to have been earned or incurred , regardless of the actual time of collection or payment

Accrual basis accounting

33. Inventories are classified as

Current assets

34. Cash are classified as

Current assets

35. A situation in which a percentage in price results in a smailer percentage change in

quantity demanded.

Elastic demand

36. Which of the following is a formal approach to pricing?

Rule of a thousand approach

37. Variable cost à the more the levels of activity increase, the morethe total costs increase

True
38. Using GAAP would create a strong presumption of misrepresentation of financial stmts

False

39. Operating ratio , ratio comparing tther cost of beveragrs sold to beverage sales,
calculated by dividing the cost of beverage sold by total beverage sales

Beverage cost percentage

40. In the food service industry , which statistic measures are ability of the food operation to
the generate revenue ?

Cost percentage

41. Revenue per availlable room ( REVPAR) calculated through dividing the total rooms
revenue by the …

Total available rooms

42. Which of the following statement is true ?

Financial accounting is less flexible than managerial accounting

43. In the fomuala Y= a+ Bx , a refers to the

Intercept or FC

44. Which are statement is false ?

a. Cost centre managers are reponsible for the costs of all the departments