Estimated Rooms Department Revenues
`"Estimated Rooms Department Revenues" = "Operated Department Income for Rooms" + "Estimated Rooms Expenses" `
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This equation estimates the revenue generated from department rooms. Revenue is the income that a company receives from its normal business activities.
Resource:
- Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.
