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Management at the Hotel de Aqua recently forecasted next quarter's operations: Month Days Rooms Available ADR Occupancy % Unit VC per Room Total Fixed Costs
Management at the Hotel de Aqua recently forecasted next quarter's operations:
Month | Days | Rooms Available | ADR | Occupancy % | Unit VC per Room | Total Fixed Costs |
Apr | 30 | 150 | $68.00 | 85% | $23.00 | $48,000 |
May | 31 | 120 | $70.00 | 75% | $20.00 | $48,000 |
Jun | 30 | 120 | $72.00 | 75% | $20.00 | $48,000 |
The Hotel is a 150 room property. The management has scheduled to renovate 30 rooms in the months of May and June. Using this information, calculate predicted:
a. Number of rooms sold
b. Total sales in dollars
c. Total variable cost
d. NET PROFIT
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