Question
Andrew rents rooms in his hotel for an average of $103 per night. The variable cost per rented room is $46. His fixed costs are
Andrew rents rooms in his hotel for an average of $103 per night. The variable cost per rented room is $46. His fixed costs are $57,000 per month. How many rooms does he have to rent per month in order to break even?
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Glencoe Business And Personal Finance
Authors: McGraw-Hill
1st Edition
0021400202, 9780021400201
