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ACCT462 Question Ben hotel has 50 big rooms and 50 small rooms. The rack rate for big room sale is $80 and small room sale

ACCT462 Question

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Ben hotel has 50 big rooms and 50 small rooms. The rack rate for big room sale is $80 and small room sale is $40. The big and small room are always sell in the same amount. The marginal cost per room is $15. The paid occupancy % is 85%. Assume rooms are sold at rack rate. What is the total daily room revenue ? $ Q What is the total daily room contribution margin? $ Q What is the equivalent room occupancy if the room rate is discounted 20 percent? E ""round to 2 decimal

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