Variable Cost per Guest (VC/Guest)
Variable Cost per Guest (VC/Guest)=Total Variable CostNumber of Guest
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This equation calculatesthe variable cost on a per guest basis. Variable Cost is the opportunity cost incurred in the short-run production that depends on the quantity of output.
Resource:
- Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.
- "Total Variable Cost." AmosWEB Is Economics: Encyclonomic WEB*pedia. N.p., n.d. Web. 07 Aug. 2015.
Total variable cost is the opportunity costincurred in the short-run production that depends on the quantity of output.
Resource:
- Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.
- "Total Variable Cost." AmosWEB Is Economics: Encyclonomic WEB*pedia. N.p., n.d. Web. 07 Aug. 2015.
Total variable cost is the opportunity costincurred in the short-run production that depends on the quantity of output.
Resource:
- Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.
- "Total Variable Cost." AmosWEB Is Economics: Encyclonomic WEB*pedia. N.p., n.d. Web. 07 Aug. 2015.
Total variable cost is the opportunity costincurred in the short-run production that depends on the quantity of output.
Resource:
- Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.
- "Total Variable Cost." AmosWEB Is Economics: Encyclonomic WEB*pedia. N.p., n.d. Web. 07 Aug. 2015.
Total variable cost is the opportunity costincurred in the short-run production that depends on the quantity of output.
Resource:
- Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.
- "Total Variable Cost." AmosWEB Is Economics: Encyclonomic WEB*pedia. N.p., n.d. Web. 07 Aug. 2015.
