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Please answer All these instructions $8,000 per month Q1- The ABC Inn is trying to determine its break even point. The inn has 70 rooms
Please answer All these instructions
$8,000 per month Q1- The ABC Inn is trying to determine its break even point. The inn has 70 rooms that are rented at $60 a night Operating costs are as follows. Salaries Maintenance $900 per month Utilities 2.000 per month Maid service 7 per room Depreciation 1.000 per month Other costs 35 per room Instructions: (a)(1) Determine the inn's break-even point in number of rented rooms per month (b)(1) If the inn plans on renting an average of 50 rooms per day (assuming a 30 day month), what is the monthly margin of safety in dollars? Justructions: (a)(1) Determine the inn's break even point in number of rented rooms per month (a)(2) Determine the inn's break-even point in dollars Step by Step Solution
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