Bachelor of Tourism and Hospitality
BTHM Address
2019-SEM1-THH3113 Absorb and Deed Address ce Tourism and Hospitality
Assessment Task 3: Individual Ordinance
Assessment of the ordinance is inveterate on the coextension and accuracy
of the presentted ordinance.
Ce total written composition students must fix that they present their own
original composition. Any impress of plagiarism entireure be severely penalised.
Students must:
fully relation the rise(s) of total symbolical, equal if you entertain reexpressed the ideas, basis or descriptions;
acknowledge total plain quotations; and
Not present composition that has been researched and written by another peculiar.
Your composition entireure be assessed in conditions of the aftercited criteria:
1.Effectiveness of message – i.e. readability, legibility, neatness,
completeness and presentation
2. Demonstrated construction of the question stuff mature – This entireure be
evidenced by your coercionce of presentted answers.
Certain aspects of these questions may claim some assumptions to be made.
Therefore, opposed answers are very delectable. Ce quiet of marking please
specify these if you meditate it clarifies your decisions and responses.
Your ordinance must be presentted into the Turnitin decline punch on LMS.
1
THH3113 COST AND PERFORMANCE MANAGEMENT FOR TOURISM
AND HOSPITALITY (2019 Sem 1)
Student
ID:
First
Name:
Last
Name:
Case study:
The Elephant Tavern was leading opened as the Prince Consort Tavern in 1888.
The Tavern was refurbished in 2013 and is moderate of a liberal exoteric delay with unmeasured
facilities, dining compass, beer garden, bottle supply – the Valley Wine Supply, located on
the recess of Brunswick & Wickham streets. Of Queensland Australia.
The owners of The Elephant Tavern BOB & BIB entertain successfully gained their
odd trading permit ce their odd tavern in Cetitude Valley Queensland and they entertain a
lot of competitors to contend with. BOB & BIB are very unquiet environing their business
that they energy exceed barely if they cleave effected on their absorbs. They insufficiency to collate their
budgeted expenses and pay proposition and discern how they entertain effected in the
basis of absorb address when collated to coerceegoing year and exoteric year.
They insufficiency to be proactive thus ceecast and determine ce any extra absorbs that they energy incur
in exoteric their odd ramification. As their exoteric return director ce their Old ramification you are
approached to evaluate factors affecting appreciate perceptions in aid services.
BOB & BIB are secure that you can aid them to subject-matter quenched the absorb drivers and
evaluate address absorb drivers that measecure deed of the absorb coerce
The extrimpress of The Elephant Tavern is beneath which you should right ce your separation.
Pay & Expenses Proposition ce The Elephant Tavern ce the year ended
30th June 2018
ACTUAL
INCOME &
EXPENSES
BUDGETED
INCOME &
EXPENSES
2017-2018 2017-2018
INCOME
RESTAURANT Sales $445,000.00 $425,000.00
Sale From Delay $245,000.00 $250,000.00
TOTAL SALE $690,000.00 $675,000.00
Expenses
Advertising $4,953.13 $3,937.50
Bank jaw $810.00 $1,080.00
Casual employee engage $180,625.00 $187,500.00
Cleaning & cleaning products $1,215.00 $1,620.00
Credit card delegation $16,192.50 $13,590.00
Electricity/Gas $37,125.00 $37,000.00
FOOD DELIVERY Vehicle service
costs
$3,937.50 $4,050.00
kitchen utensils engage $1,350.00 $1,250.00
Netflix contribution $1,350.00 $1,350.00
Permanent unmeasured era employees
wages
$315,000.00 $315,000.00
property security $1,181.25 $1,575.00
Exoteric liforce security $945.00 $1,260.00
Restore & subsistence $12,531.50 $9,375.00
Superannuation ce employees $47,084.38 $47,737.50
Wither resolution $1,822.50 $2,430.00
Water jaw $9,450.00 $10,600.00
Website hosting expenses $2,995.31 $3,993.75
Total Expenses $638,568.06 $643,348.75
Month Net Profit / (Loss) $51,431.94 $31,651.25
NOTES FOR THE NEW SHOP RUNNING EXPENSES
1. The bank jaw continue on the estimate of transactions that
takes establish in the restaurants
2. Property Securitys transmute according to the area
3. Kitchen utensils are engaged as per the catering nod they hold. Total cooking is effected in
the exoteric supply (address doesn’t insufficiency to project catering in the odd ramification. If they
are getting an prescribe, they entertain determined to fashion it total in the exoteric tavern and give-up)
4. There was an sudden equipment deficiency in the tavern during in the
months of December that has increased the restore expenses (this was
mainly becaright of bald chronicles means-of-support ce the equipment’s subsistence)
5. The address has implemented some stringent wither abatement value
as a effect the wither resolution jaw entertain decreased
(YOU CAN ALSO DOWNLOAD THIS EXCEL FILE FORM THE LMS)
Separation and Recital (30 marks. Approximately 1250 – 1500 coerce)
1. Absorb Coerce: (5 Marks)
Identify and evaluate absorb coerce areas and confide how they can
coerce them in forthcoming by rectify absorb address
2. PERFORMANCE ANALYSIS (VARIANCE): (10 Marks)
Perform a difference separation on the aftercited recital and examine environing
the differences in deed when collated to their budget.
3. Absorb and Return Separation: (10 Marks)
Confide on how Bob and BiB should treat his sales without
compromising on absorb in the forthcoming (no increasing in absorb)
4. Presentation with no errors is awarded (5 marks)
(you can right Microsoft excel to composition on your ordinance and purport it to
Microsoft tidings when letter your recital)

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