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Styles Clipboard Font Alignment Number 125 - X fr 4 A B C D 1 E19-1 Compute break-even point and margin of safety 2 The

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Styles Clipboard Font Alignment Number 125 - X fr 4 A B C D 1 E19-1 Compute break-even point and margin of safety 2 The Soma Inn is trying to determine its break-even point. The inn has 75 rooms that are rented at $60 3 a night. Operating costs are as follows. Salaries $10,600 per month Utilities 2,400 per month Depreciation 1,500 per month Maintenance 800 per month Maid service 8 per room Other costs 34 per room 11 Instructions 12 (a) Determine the inn's break-even point in (1) number of rented rooms per month and 13 (2) dollars. 14 (b) If the inn plans on renting an average of 50 rooms per day (assuming a 30-day month). 15 what is (1) the monthly margin of safety in dollars and (2) the margin of safety ratio? 16 NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a

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