Guangdong hotel cost rate

Cost rate = direct materials/income × 100%.

Guangdong hotel cost rate can be calculated according to the formula: cost rate = direct material/income × 100%. The operating costs of hotels include operating costs and expenses, which are basically the same as those of ordinary enterprises in accounting subjects, including operating costs, operating expenses, management expenses and financial expenses.

Cost ratio refers to the ratio of the main business cost to the main business income of an enterprise, which reflects the relationship between the input (main business cost) and output (main business income) of an enterprise.