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Suppose Valleyview Suites incurs $80,000 of fixed costs each month. Compute the (a) total fixed cost and (b) fixed cost per guest if the hotel
Suppose Valleyview Suites incurs $80,000 of fixed costs each month. Compute the (a) total fixed cost and (b) fixed cost per guest if the hotel has 13,000 guests next month. Compare the fixed cost per guest at the higher occupancy rate to the fixed cost per guest when only 2,100 guests stay during the month. (a) Compute the total fixed cost if the hotel has 13,000 guests next month. Total fixed costs to wide changes in volume; therefore, total fixed costs will (b) Compute the fixed cost per guest if the hotel has 13,000 guests next month. First, identify the formula to compute the fixed cost per guest, then compute the fixed cost per guest at (1) 13,000 guests and at (2) 2,100 guests. (Round the fixed cost per guest to the nearest cent.) Fixed cost per guest (1) (2) If only 2,100 guests stay during the month, the fixed cost per guest is when 13,000 stay during the month. Choose from any list or enter any number in the input fields and then continue to the next
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