Q7. Classy Hotels is an establishment that provides accomodation to tourists in Las Vegas. The average price of a Deluxe Room is $350 per night and the average variable expense per night is $102. The average fixed expense per month is $12,000. Determine the sales dollars that must be generated to 190 attain target profits of $40,000 per month? 191 (Hint: Sales $ to attain target profit = Target profit + Fixed expenses/CM Ratio) Contribution Margin Ratio Units Sales Variable Costs 196 ntribution Margin 197 198 Break Even + Profit in units FC CM# Unit 3 Problems Ready Type here to search o A_9ex to QWERTY can hoek A S D F G H 202 Break Even + Profit in Units FC CM% CVP Income Statement Units Sales Variable Costs 210 Contribution Margin Fixed Costs EBIT Unit 3 Problems Ready Type here to search