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Assess the financial viability of Airbnb's investment in luxury property rentals using job costing. Requirements: Identify direct labor costs associated with managing luxury property rentals.

Assess the financial viability of Airbnb's investment in luxury property rentals using job costing.

Requirements:

Identify direct labor costs associated with managing luxury property rentals.

Allocate indirect marketing and property management costs using job costing methods.

Determine the total cost per luxury property rental initiative.

Conduct a profitability analysis across different property types (e.g., villas, penthouses).

Recommend approaches to optimize cost efficiency and enhance guest satisfaction.

Cost Components for Airbnb's Luxury Property Rentals:

Cost Type

Annual Amount ($) per Year

Direct Labor Costs

$150,000,000

Indirect Luxury Property Costs

$50,000,000

Total Luxury Properties Managed per Year

100

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