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FIA MA2 Managing costs and finance

This topic has 4 replies, 3 voices, and was last updated 6 years ago by Ken Garrett.

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October 27, 2015 at 3:42 am #279151
haddyjoof7
Member
- Topics: 1
- Replies: 0
FIA MA2 Managing costs and finance
October 27, 2015 at 7:13 am #279179
Ken Garrett
Keymaster
- Topics: 10
- Replies: 10194
What about it? There is a separate forum for that.
November 9, 2016 at 8:44 am #348178
sachje
Member
- Topics: 3
- Replies: 5
Please can I get an answer
Cost of a job 20.000
Profit margin 22%
How much is profit in %?
I got 18 % is it correct
November 9, 2016 at 8:50 am #348181
sachje
Member
- Topics: 3
- Replies: 5
Room servicing cost 10290
Occupied room per week 98%
Available night is 50
What is cost per unit?
0,98x50x7=343
10290/343=30 is it correct
November 9, 2016 at 5:49 pm #348241
Ken Garrett
Keymaster
- Topics: 10
- Replies: 10194
Q1 Cost + Profit = Selling price
78 + 22 = 100
Profit as a percentage of the cost (ie the mark-up) is 22/78 = 28.2%
Q2 I assume that this means that out of the 50 nights, occupancy is 98% x 50 = 49
Cost per room service is therefore 10290/49 = 210
Please ask FIA MA2 questions on the FIA forum. No more will be answered on this forum
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