Question
The hotel has 450 rooms and recorded a 75 percent occupancy in May. Total Sales for May was $1,518,750, the Total Fixed Cost was $425,250,
The hotel has 450 rooms and recorded a 75 percent occupancy in May. Total Sales for May was $1,518,750, the Total Fixed Cost was $425,250, and the Unit Variable Cost per room was $54.
What is the Contribution Margin for the month of May? (Choose the closest answer)
0.72 | |
0.36 | |
0.64 | |
0.28 |
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Effect Of Audit Quality On The Market Value Of Listed Non Financial Companies In Nigeria
Authors: Dr. Patience Ote Ola
1st Edition
6200479496, 978-6200479495
