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Exercise 6-1 (Part Level Submission) The Soma Inn is trying to determine its break-even point. The inn has 75 rooms that are rented at $52
Exercise 6-1 (Part Level Submission) The Soma Inn is trying to determine its break-even point. The inn has 75 rooms that are rented at $52 a night. Operating costs are as follows. Salaries Utilities Depreciation Maintenance Maid service Other ccsts $5,250 per month 2,100 per month 1,500 per month 900 per month 7 per room 32 per room Your answer is correct. Determine the inn's break-even pint in (1) number of rented rooms per month and (2) dollars 1. Break-even point in rooms 2. Break-even point 750 39000 per month Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION LINK TO TEXT Attempts: 2 of 15 used (b) If the inn plans on renting an average of 50 rooms per day assuming a 30-day month), what is 1 the monthly margin of safety in dollars and (2) the margin of safety ratio? (Round ratio to 0 decimal places, eg, 10%.) 1. Margin of safety 2. Margin of safety ratio Click if you would like to Show Work for this question Attempts: 0 of 15 used SAVE FOR LATER UBMIT
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