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1 H M N Compute break-even point and margin of safety The Soma Inn is trying to determine its break-even point. The inn has 75

1 H M N Compute break-even point and margin of safety The Soma Inn is trying to determine its break-even point. The inn has 75 rooms that are rented at $60 a night. Operating costs are as follows. Salaries Utilities $10,600 per month 2,400 per month Depreciation 1,500 per month Maintenance 800 per month Maid service 8 per room Other costs 34 per room Instructions (a) Determine the inn's break-even point in (1) number of rented rooms per month and (2) dollars. (b) If the inn plans on renting an average of 50 rooms per day (assuming a 30-day month), what is (1) the monthly margin of safety in dollars and (2) the margin of safety ratio

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