Profitability Calculations
| Structure Type: | Study unit |
|---|---|
| Code: | RRA0601 |
| Type: | Compulsory / Professional Studies |
| Curriculum: | R-TR 2012 |
| Level: | Bachelor of Hospitality Management |
| Year of Study: | 2 (2013-2014) |
| Credits: | 3 cr |
| Responsible Teacher: | Martin, Elina |
| Language of Instruction: | Swedish |
Learning Outcomes
The student is able to draw up internal profit calculations of departments or products. He is able to use cost-volume-profit analysis and basic pricing methods including value added taxation and analyse the operating profitability and efficiency of a company.
Contents
Getting familiar with management accounting, cost definitions, cost behaviour and estimation, contribution margin calculations, break-even point analysis, cost-volume-profit relationship, pricing of goods and services, value added tax, operating ratios concerning profitability and efficiency.
Recommended or Required Reading and Other Learning Resources/Tools
Kotas, R. 1999 Management Accounting for Hospitality and Tourism. International Thomson.
Burgess, C. 2001. The caterer and hotelkeeper guide to money matters for hospitality managers. Oxford. Butterworth-Heinemann (partly).
Mode of Delivery / Planned Learning Activities and Teaching Methods
Lectures, exercises, independent study and assignment.
Assessment Methods
Examination, active course participation, written assignment. Assessment on numeric scale 0-5.