Question 8 The Richibouctou Inn is trying to determine its break-even point. The inn has 72 rooms available that are rented at $80 a night. Operating costs are as follows: Salaries $16,860 per month $480 per month Maintenance Utilities Housekeeping service $1,820 per month $5 per room Depreciation Other costs $1,900 per month $39 per room (a) Your answer is correct Determine the inn's break-even point in the number of rented rooms per month and dollars. Break-even point 585 rooms Break-even point 46800 (b) If the inn plans on renting 25 rooms per day (assuming a 30-day month), what is the monthly margin of safety in dollars and the margin of safety ratio? Monthly margin of safety $ Margin of safety ratio