(Solved) : Prepare Rooms Department Schedule Following Usali Use Classification Shown Prescribed Sche Q26292894 . . .

The Income Statement Exhibit 5 Rooms Department Schedule 109 Vacation Inn Rooms For the year ended December 31, 20X1 Schedule1 Revenue Transient Rooms Revenue Group Rooms Revenue Contract Rooms Revenue Other Rooms Revenue Allowances $543,900 450,000 48,000 2,000 2,700) 1,041,200 Total Rooms Revenue Expenses Labor Costs and Related Expenses Salaries and Wages Payroll Taxes Employee Benefits 159,304 10,420 15,610 185,334 Total Labor Costs and Related Expenses Other Expenses Cleaning Supplies Commissions Contract Services Guest Supplies Guest Transportation Laundry and Dry Cleaning Linen Miscellaneous Operating Supplies Reservations Training Travel-Meals and Entertainment Uniforms 3,200 5,124 3,100 5,126 4,900 12,706 9,494 3,000 12,742 9,288 4,315 4,685 1,400 79,080 264,414 Total Other Expenses Total Expenses Departmental Profit $ 776,786 Note: This is an abbreviated schedule.Prepare a rooms departmentschedule following the USALI. Use only classification as shown onthe prescribed schedule. Use Exhibit 5 as a guide.

Several accounts from the Hilltop Motel’s general ledger thatpertain to the rooms department are listed below. The accounts arein random order as follows:

Sales – transient – regular 100,000
Salaries 10,000
Commissions 1,000
Uniforms 500
Linen expense 1,000
Sales-transient- groups 50,000
Wages 15,000
Payroll Taxes 2,000
Operating supplies 1,500
Contract cleaning 1,800
Dry cleaning 1,200
Fringe benefits 3,000
Other revenues 2,000
Allowances – rooms 500
Laundry 3,000
Miscellaneous expenses 1,8000

 

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