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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.


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