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Mongelli Family Inn is a bed and breakfast establishment in a converted 100-year-old mansion. The Inn's guests appreciate its gourmet breakfasts and individually decorated rooms.
Mongelli Family Inn is a bed and breakfast establishment in a converted 100-year-old mansion. The Inn's guests appreciate its gourmet breakfasts and individually decorated rooms. The Inn's overhead budget for the most recent month appears below:
What would be the total budgeted overhead cost for a month if the activity level is 99 guests?
A) $7,793.90
B) $61,541.00
C) $8,512.90
D) $7,739.00
The margin for this investment opportunity is closest to:
A) 50.0%
B) 45.0%
C) 5.0%
D) 55.0%
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