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Suppose Sunnyside Hotel has annual fixed costs applicable to its rooms of $1.0 million for its 300-room hotel. Average daily room rents are $60 per
Suppose Sunnyside Hotel has annual fixed costs applicable to its rooms of $1.0 million for its 300-room hotel. Average daily room rents are $60 per room, and average variable costs are $10 for each room rented. It operates 365 days per year. What is the break-even point in number of rooms rented?
Select one:
A.20,000
B.30,000
C.120,000
D.100,000
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