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The condensed income statement of the Vegas Inn is as follows: Revenue VC FC NI Room $ 500,000 $ 200,000 $ 150,000 $ 150,000 Food

The condensed income statement of the Vegas Inn is as follows:

Revenue

VC

FC

NI

Room

$ 500,000

$ 200,000

$ 150,000

$ 150,000

Food

$ 300,000

$ 100,000

$ 50,000

$ 150,000

Total

$ 800,000

$ 300,000

$ 200,000

$ 300,000

Other Variable expenses*

$ 50,000

Other Fixed Costs**

$ 100,000

Pretax income

$ 150,000

Income taxes

$ 30,000

Net income

$ 120,000

* Rent (10%of room sales)

** Includes depreciation and amortization of $10,000

Please use the table above to solve the question 41 to 45.

41.

What is the CMR for Room and Food department?

Group of answer choices

a. Room: 30.00%; Food: 50.00%

b. Room: 40.00%; Food: 33.33%

c. Room: 60.00%; Food: 66.67%

d. Room: 30.00%; Food: 16.67%

42.

What is the weighted CMR for Vegas Inn?

Group of answer choices

a. 56.25%

b. 62.50%

c. 37.50%

d. 31.25%

43.

What is the revenue at breakeven point for Vegas Inn?

Group of answer choices

a. $480,000.00

b. $355,555.56

c. $320,000.00

d. $533,333.33

44.

What is the revenue when Vegas Inn wants to make a net income of $200,000?

Group of answer choices

a. $720,000.00

b. $977,777.78

c. $800,000.00

d. $880,000.00

45.

What is the revenue when Vegas Inn wants to make a net income of $200,000?

Group of answer choices

a. $720,000.00

b. $977,777.78

c. $800,000.00

d. $880,000.00

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