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Determine the missing values in the following table. Each row represents a separate scenario. Room rate Variable cleaning costs per room night Rooms nights sold
Determine the missing values in the following table. Each row represents a separate scenario.
Room rate Variable cleaning costs per room night Rooms nights sold Contribution Fixed costs Profit (loss)
$150 a 10,000 b $600,000 $600,000
c $20 3,150 $126,000 $80,000 d
$65 $15 e $400,000 f $ 0
$60 g 700 $24,500 h $2,000
Problem 8.5
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