Analyze a Hospitality operation’s performance using appropriate operational ratios and statistics.
- Explain cost management decisions based on understanding of the nature of costs and underlining
calculations.
- Perform cost-volume-profit analysis to guide managerial decisions.
Organisation and methodology:
Find and explain all the mistakes in a given solution of Break Even Point analysis and provide a valid
result.
The Solution will be given via email (Video + Excel) and Moodle (Report) individually.
Explanation must be submitted in both written and oral formats. The student has to create a written report
showing the understanding of the mistakes found and make a video presenting a power point showing
those mistakes and the correct answer.
Breakeven Point (BEP) and Cost-Volume Profit analysis are the topics to be assessed in this assignment.
An exercise with mistakes will be delivered, and students will have to detect the mistakes, correct the
exercise, and submit it back to teacher.
Overall aim:
Train the ability to detect mistakes in a Financial Statement which will contribute to students’ written and
oral explanation capacity.
Learning outcomes:
- Analyze a Hospitality operation’s performance using appropriate operational ratios and statistics.
- Explain cost management decisions based on understanding of the nature of costs and underlining
calculations.
- Perform cost-volume-profit analysis to guide managerial decisions.
Organisation and methodology:
Find and explain all the mistakes in a given solution of Break Even Point analysis and provide a valid
result.
Sample Solution
