Question
Ben hotel has hotel and restaurant operations. The hotel operation contributed 60% of the total revenue with its variable cost of 30%. The restaurant
Ben hotel has hotel and restaurant operations. The hotel operation contributed 60% of the total revenue with its variable cost of 30%. The restaurant operation provides 40% of the total revenue with its variable cost 60%. The rent cost for hotel and restaurant together is $400,000. Round to 2 decimal (ie 12.4 --> 12.40) ***# only 12345**** , No $ 12345 or 12,345 What is the CMR for the hotel operations ? What is the CMR for restaurant operation ? What is the weighted average CMR for Ben hotel ? What is the breakeven point ? $ around to 2 decimal
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Foundations of the Legal Environment of Business
Authors: Marianne M. Jennings
3rd edition
130511745X, 978-1305465251, 1305465253, 978-1305117457
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