Profitability in hospitality business (5 cr)

Objective

You show abilities in cost accounting methods and in profitability accounting in hospitality business.
You practice cwith exercises to calculatw the product and service costs, profitability and the price of the services produced.
You show knowhow in financial planning and understand the meaning of budgeting for a profit centre.
You are able to read and follow a budget and are able to draw up a budget for a small business.

Content

What are the methods of cost and profitability accounting?
How to find out the product and service costs and profitability?
How to make different kind of product calculations and carry out profitability and cost accounting?
What is the meaning of budgeting for a profit centre?
How to read and follow a budget and how to draw up a budget?

Course material

Opintojakson Learn-alustalla oleva materiaali ja muu opettajan osoittama materiaali.

Study forms and methods

Suoritustapa verkkototeutuksena; itsenäinen eri aihealueisiin tutustuminen ja arvioinnin perustana olevien oppimistehtävien palauttaminen. Opintojakso käynnistyy Teams-aloitusinfolla.

RDI and work-related cooperation

Opintojaksolla lasketaan matkailu- ja ravitsemisalan yrityksiin sovellettavia kustannus- ja kannattavuuslaskennan harjoituksia.

Timing of exams and assignments

Ennakkotehtäviin pohjautuvat Learn-tentit 1 ja 2 suoritettavissa opintojakson toteutuaikana.

Student workload

135 h

Evaluation scale

1-5

Assessment methods and criteria

Learn tenttien 1 ja 2 yhteispistemäärän perusteella muodostuva arvosana 1-5/täydennettävä.