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9 35 % HTM 241 EX8-1 Name: Please use the following information to answer the questions regarding a hotel. This assignment is for you
9 35 % HTM 241 EX8-1 Name: Please use the following information to answer the questions regarding a hotel. This assignment is for you to practice the equations in Slide 4 and 5. Do not over think the problems They are straightforward. You only need to find the right equation or definition to use in each problem and apply the numbers in the question Room number 50 ADR $65 Variable cost $8 per room Total fixed cost $500,000 a. What is the variable cost percentage? b. What is the contribution margin percentage? c. What is the breakeven revenue? d. What is the unit contribution margin Econtribution per room? O 8 96 Y 4 47 & 22 7 IU U 24 88 1 B CB 0- 971 10+ 2 20 G H J K 62 O L 0 P
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