Q6 Bates Motel wants to know their breakeven point. They have 50 rooms they rent out at $60 per night. Last month in June the rented out an average of 26 rooms a night. Their costs are as follows: Salaries $6200 per month Utilities $1100 per month Depreciation $1000 per month Maintenance $100 per month Cleaning $28 per room Other costs $11 per room 1. Calculate the contribution margin 2. Calculate the contribution margin ratio 3. Calculate the break even in units and in sales & 4. Prepare a CVP Income Statement at break even and at their current volume. 5. Calculate the Occupancy Rate for June. Units 1 Contribution Margin Ratio Break Even in Units FC 2,400 2823.53 1.18 CM# Break Even in Sales Dollars FC CM% 2,400 $ 3,636 0.66 Break Even Units SALES Variable Costs Contribution Margin Fixed Costs EBIT CVP Income Statement Current Volume 2,400 3,250 6,000 8,125 2,040 2,763 1,584 2,145 2,832 3,835 3,624 4,908 What is Bate's Occupancy Rate? Current occupancy Maximum Occupancy Occupancy Rate