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Contents
TASK 3A-    3
EXECUTIVE SUMMARY-    3
COST ANALYSIS AND FORECAST-    3
BREAK EVEN POINT ANALYSIS-    5
REFERENCES-    6
TASK 3A-
EXECUTIVE SUMMARY-
MT BULLER APARTMENT RENTALS: A variety of self-contained apartments ranging in size from one to five bedrooms. From luxurious penthouse suites to low-cost family flats, there's something for everyone. The chalet is located in the middle of Mt Buller Village and provides superb ski-in, ski-out accessibility as well as everything you need for a wonderful snow trip. This year, they are receiving proposals from all over the place, and they are concerned that they will be overbooked. To make up for last year's loss, management has chosen to raise the selling price of each room by 10% for the year 2021, which was previously priced at $190 per night for rooms on rack rate with no discounts. In this paper we will analyze the cost forecast and breakeven point. When a company's variable expenses are high as a percentage of its net sales, it is unlikely that it has to cover a lot of fixed expenditures every month. It indicates that the firm must produce enough income to pay the fixed expenses of the manufacturing process. It only allows the company to continue in operation without earning significant revenues from sales.
COST ANALYSIS AND FORECAST-
In the final week of the winter season last year, business records indicated that the hotel had taken a big blow as a consequence of the government's lockdown limitations, and clients were hesitant to risk their money and lives as a result of the lockdown scenarios(Ralph David Simpson, 1993). This year, they're getting proposals from all over the country, and they're worried about being overbooked. To make up for last year's loss, management has decided to increase the selling price of each room by 10% for the year 2021, from $190 per night for rooms on rack rate with no discounts. We shall examine the cost projection and breakeven threshold in this article. The DOSM now anticipates a 15% rise in total expenditures, necessitating the inclusion of the projected increase in expenses in the computation for the 2021 winter shoulder period(Olive & Macquarie University. Department Of Economics, 2002).
    Expenses from the winter period 24 – 27th September 2020 (3 nights) with 60% occupancy
    
    Casual staff wages for the three...