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Please answer part 2. The margin of safety and the margin of safety ratio. Exercise 19-1 The Soma Inn is trying to determine its break-even

image text in transcribedPlease answer part 2. The margin of safety and the margin of safety ratio.
Exercise 19-1 The Soma Inn is trying to determine its break-even point. The inn has 75 rooms that are rented at $60 a night. Operating costs are as follows. Salaries Utilities Depreciation Maintenance Maid service Other costs $10,600 per month 2,400 per month 1,500 per month 800 per month 8 per roonm 34 per room Determine the inn's break-even point in (1) number of rented rooms per month and (2) dollars. 1. Break-even point in rooms 2. Break-even point 850 15300 If the inn plans on renting an average of 50 rooms per day (assuming a 30-day month), wh monthly margin of safety in dollars and (2) the margin of safety ratio? (Round ratio to o places, e.g. 10.) 1. Margin of safety 2. Margin of safety ratio Click if you would like to Show Work for this question: Open Show Work

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