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Great Eastern Inns has a total of 1.200 rooms in its chain of motels located in eastern Canada. On average, 65% of the rooms are

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Great Eastern Inns has a total of 1.200 rooms in its chain of motels located in eastern Canada. On average, 65% of the rooms are occupied each day. The company's operating costs are $20 per occupied room per day at this occupancy level, assuming a 30-day month. This $220 gure contains both variable and xed cost elements. During February, the occupancy rate dropped to only 45%. A total of $399,600 In operating cost was Incurred during February. Required.- 1. Estimate the variable cost per occupied room per day. {Assume 30 days in a month. Do not round Intermediate calculations and round your final answer to 2 decimal places} - per room per day 2. Estimate the total fixed operating costs per month. 3. Assume that the occupancy rate increases to 60% during March. What total operating costs would you expect the company to incur during March? (Assume 30 days in a month. Do not round intermediate calculations.) _:|

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