Question
A hotel has computed its total fixed costs to be $720,000. The average room rate for the hotel is $120 and variable cost per room
A hotel has computed its total fixed costs to be $720,000. The average room rate for the hotel is $120 and variable cost per room is $10. How many rooms must the hotel sell to breakeven on cash basis?
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Break even on cash basis Fixed cost Contribution m...
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
