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Consider the following information for Maple Tree Hotel for 2020 Consider 365 days in a year Average room rate $200, Number of rooms available 125.
Consider the following information for Maple Tree Hotel for 2020 Consider 365 days in a year Average room rate $200, Number of rooms available 125. Occupancy rate 80%. Annual financial figures are as follow. Sales 73 MN (millions). Varaible expenses 2.3 MN, FC 45 MN. What is the breakeven occupancy rate for Maple Tree Hotel
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
