Matakuliah
Tahun
: V0282 - Manajemen Akuntansi Hotel
: 2009 - 2010
PERTEMUAN 11
Chapter 11
BUDGETING and INTERNAL CONTROLS
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Zheng Chung is the managing owner of the Stillwater Grill.
This year, 2010, was a good year for him. Now he is
preparing his 2011 budget. Using the information Zheng
believes will be true, help him complete the dollars and
percentage amounts in the budget worksheet that follows,
then answer the question he has about next year. Beside
upon his sales histories, sales projections, and cost records,
Zheng predicts that in 2011 his operation will experience:
A 6% increase in food sales
A 4% increase in beverage sales
No change in food or beverage product cost percentage
Salaries and wages that will increase 3.5%
Benefits that will increase 10%
An increase in all other operating expenses (except
depreciation) of 2%
Interest payment for loans that will total $1,100 per month
entry
A depreciation schedule that’s calls for a $750 per month
entry
THE STILLWATER GRILL
BUDGET WORKSHEET FOR SEPTEMBER 2011
2010 Actual
%
Food
346,500
75.3
Beverage
113,500
24.7
460,000
100.00
Food
116,500
33.6
Beverage
18,750
16.5
Total Cost of Sales
135,250
29.4
Food
230,000
66.4
Beverage
94,750
83.5
Total Gross Profit
324,750
70.6
SALES
Total Sales
COST OF SALES
GROSS PROFIT
2011 Budget
%
OPERATING EXPENSES
Salaries and Wages
72,500
15.8
Employee Benefits
12,400
2.7
Direct Operating System
16,550
3.6
Music and Entertainment
3,200
0.7
Marketing
6,650
1.4
Utility Services
11,950
2.6
Repairs and Maintenance
3,500
0.8
Administrative and General
12,750
2.8
Occupancy
30,000
6.5
Depreciation
8,400
1.8
177,900
38.7
Total Operating Expenses
Operating Income
146,850
31.9
Interest
14,000
3.0
Income Before Income Taxes
132,850
28.9
Income Taxes
33,213
7.2
Net income
99,638
21.7
a. What will be Zheng’s total sales in 2011?
b. What will be Zheng’s total cost of sales income 2011?
c. What will be the amount Zheng will spend on salaries,
wages, and employee benefits in 2011?
d. What is the estimate amount of income taxes Zheng will
pay in 2011?
e. What does Zheng estimate will be his operation’s net
income percentage (profit margin) in 2011? How will
that complete to his 2010 percentage?