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Saved Help Save & Exit Submit Great Eastern Inns has a total of 3,500 rooms in its chain of motels located in eastern Canada
Saved Help Save & Exit Submit Great Eastern Inns has a total of 3,500 rooms in its chain of motels located in eastern Canada On average 40% of the rooms are occupied each day. The company's operating costs are $37 per occupied room per day at this occupancy level, assuming a 30-day month. This $37 figure contains both variable and fored cod elements. During February, the occupancy rate dropped to only 30%. A total of $1,425,900 in operating cost was incurred during February. Required: 1. Estimate the variable cost per occupied room per day. (Assume 30 days in a month. Do not round intermediate calculations and round your final answer to 2 decimal places.) Variable cost per room per day
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