Utilize cost-volume-profit analysis to determine how many rooms you would need to sell to reach the budgeted
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Utilize cost-volume-profit analysis to determine how many rooms you would need to sell to reach the budgeted revenue goal of $150 per room. Fixed costs for the hotel are $470,000 per room, and the labor cost to maintain each room is $40.
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Related Book For
Hospitality Financial Management
ISBN: 9780471692164
1st Edition
Authors: Agnes L DeFranco, Thomas W Lattin
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