November EC Meeting 2019
Budget 2020 DIRECT COSTS
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
TOTAL
PURCHASES
Budget
19,902
23,438
30,596
35,368
41,220
38,742
37,288
43,746
35,218
29,737
25,258
34,155
394,667
GROSS WAGES
Operating Budget
-
Kitchen (Hourly)
10,000
9,000
9,000
10,000
9,000
9,000
10,000
9,000
9,000
10,000
9,000
9,000
112,000
Housekeeping (Hourly)
9,000
8,000
8,000
9,000
8,000
8,000
8,000
8,000
8,000
8,000
8,000
5,000
95,000
F & B (Hourly)
13,000
12,000
12,000
13,000
12,000
12,000
13,000
12,000
12,000
13,000
12,000
12,000
148,000
Salaried
12,000
12,000
12,000
12,000
12,000
12,000
12,000
12,000
12,000
12,000
12,000
12,000
144,000
Total Operating Wages
44,000
41,000
41,000
44,000
41,000
41,000
43,000
41,000
41,000
43,000
41,000
38,000
499,000
Management & Admin
28,000
28,000
28,000
28,000
28,000
28,000
28,000
28,000
28,000
28,000
28,000
28,000
336,000
COMPANY PENSION
Budget
3,600
3,450
3,450
3,600
3,450
3,450
3,550
3,450
3,450
3,550
3,450
3,300
41,750
TOTAL PAYROLL
Budget
75,600
72,450
72,450
75,600
72,450
72,450
74,550
72,450
72,450
74,550
72,450
69,300
876,750
PAYROLL % Sales (Total)
53.2
43.1
35.4
34.6
30.1
32.4
35.3
30.8
34.1
40.5
43.4
37.4
36.6
Kitchen (F & B Sales)
15.8
12.1
9.3
8.9
6.9
7.3
8.7
6.5
8.3
10.8
11.4
15.0
36.6
Housekeeping (Accom Sales)
14.3
8.8
7.7
8.8
7.6
8.3
9.0
8.7
8.3
9.3
9.6
6.8
8.7
F & B (F & B Sales)
20.6
16.1
12.4
11.6
9.2
9.8
11.3
8.6
11.0
14.1
15.2
19.9
12.4
Salaried (Total Sales)
8.4
7.1
5.9
5.5
5.0
5.4
5.7
5.1
5.7
6.5
7.2
6.5
6.0
Total Operating Wages (Total Sales)
30.9
24.4
20.0
20.2
17.0
18.3
20.3
17.5
19.3
23.3
24.6
20.5
20.9
Management & Admin (Total Sales)
19.7
16.7
13.7
12.8
11.6
12.5
13.2
11.9
13.2
15.2
16.8
15.1
14.0
TOTAL DIRECT COSTS
95,502
95,888
103,046
110,968
113,670
111,192
111,838
116,196
107,668
104,287
97,708
103,455
1,271,417
GROSS MARGIN
46,731
72,104
101,799
107,256
126,832
112,321
99,575
118,666
104,566
79,912
69,257
81,996
1,121,016
GROSS MARGIN %
32.9
42.9
49.7
49.1
52.7
50.3
47.1
50.5
49.3
43.4
41.5
44.2
46.9
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