A 70-room motels average room rate is $125. Its average occupancy is 74%. Fixed costs are $1,056,000

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A 70-room motel’s average room rate is $125. Its average occupancy is 74%. Fixed costs are $1,056,000 a year and variable costs are $212,704 a year. Calculate the motel’s operating income for the year.

LO1

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Hospitality Management Accounting

ISBN: 9780471687894

9th Edition

Authors: Martin G Jagels, Catherine E Ralston

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Question Posted: Jun 21, 2024 09:03 AM

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A 70-room motels average room rate is $125. Its average occupancy is 74%. Fixed costs are $1,056,000

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Hospitality Management Accounting

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