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A 150-room Hotel De Manc has an ADR of $40.00 with occupancy of 60.00% on daily basis. The hotel's annual FC and VC are $300,000

A 150-room Hotel De Manc has an ADR of $40.00 with occupancy of 60.00% on daily basis. The hotel's annual FC and VC are $300,000 and $476,000 respectively. According to the internal financial data, what is Hotel De Manc's occupancy percentage at breakeven in a given year (assume that ADR and occ. % do not change throughout the year and there are 365 days in a given year)?

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