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Question 1 [ 1 0 marks ] A motel has 1 5 0 units. During the month of June its average room rate is expected

Question 1[10 marks]
A motel has 150 units. During the month of June its average room rate is expected to be $145.00 and its room occupancy 75%. In July the owner is planning to raise rates by 10%, and occupancy is expected to be 80%. In August no further room rate raises are contemplated, but occupancy is expected to be up to 90%.
Illustrate using a table and calculate the budgeted rooms revenue for each of the three months of June, July and August.

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