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Hello, I am currently having trouble in solving this accounting problem. The problem is based on mangerial accounting, and thank you in advance for your

Hello, I am currently having trouble in solving this accounting problem. The problem is based on mangerial accounting, and thank you in advance for your help and time. image text in transcribed
The No-Tell Motel is looking at making some changes to their pricing policy. They have the following information available: Guests Who Stay 1 Night Guests Who Stay 2 Nights Guess Who Stay 3 Nights Current Situation 700 800 100 Possible Changes 750 790 125 Rooms in Motel Nights Per Month Selling Price Per Night Required 100 31 $75.00 100 31 $60.00 Current With Changes What are the total number of rooms available to rent for the month? What is the total number of rooms rented? What is the occupancy percentage? What is the total estimated revenue? Based on total estimated revenue, should management lower the price? Support your answer. Calculations

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