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ASAP | A motel has 70 rooms as follows: 40% singles at $75 per night 30% doubles at $90 per night 30% triples at $100
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| A motel has 70 rooms as follows: 40% singles at $75 per night 30% doubles at $90 per night 30% triples at $100 per night. The motel has annual fixed costs of $260,000and variable cost averages $25 per room occupied. a. How much is the average room rate? b. $86.50 C. $80 d.595 a. $87 b. How much is the Breakeven occupancy ratio? a. 43.54% b. 39.14% c. 38% d.16.41% c. At what occupancy ratio will they make $310,000 operating income? a. 35.98% b. 39.14% c. 58.71% d. 28,55% Step by Step Solution
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