A 70-room motels average room rate is $150. Its average occupancy is 72 percent. Fixed costs are

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A 70-room motel’s average room rate is $150. Its average occupancy is 72 percent. Fixed costs are $1,360,000 a year and variable costs are

$222,222 a year. Calculate the motel’s operating income for the year.

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Hospitality Management Accounting

ISBN: 9780471092223

8th Edition

Authors: Martin G Jagels, Michael M Coltman

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