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Hotel Decent has a fixed cost of $100,000 and a variable cost of $10/night. Assuming that the room rent for the hotel was $35/night: What
Hotel Decent has a fixed cost of $100,000 and a variable cost of $10/night. Assuming that the room rent for the hotel was $35/night:
What is the Contribution per Unit?
What is the Break Even Point?
Assuming that the hotel rents out 6,000 rooms per night at $35/night, then using the same fixed cost and variable cost as the previous two questions:
How much would the Total Revenue be?
How much would the total variable cost be?
How much profit does the hotel make?
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