A motel has an average daily rate (ADR) of 50. The fixed costs for each of the
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A motel has an average daily rate (ADR) of €50. The fixed costs for each of the 2,200 rooms sold during a period were €15. If it has a variable cost percentage of 20%, what is the contribution margin per room sold?
a €15 b €35 c €40 d €50
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Related Book For
Basic Management Accounting For The Hospitality Industry
ISBN: 9781000035933
2nd Edition
Authors: Michael Chibili
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