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A motel has provided you with the following information and has asked you to determine the variable cost per room. Revenue=725,000 FixedCosts= 395,000 Desired Profit=
A motel has provided you with the following information and has asked you to determine the variable cost per room.
Revenue=725,000
FixedCosts= 395,000
Desired Profit=
175,000
Average Room Rate= $75.25
What is the Variable Cost per room?
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