Question
The Ivanhoe Acres Inn is trying to determine its break-even point during its off-peak season. The inn has 50 rooms that it rents at $56a
The Ivanhoe Acres Inn is trying to determine its break-even point during its off-peak season. The inn has 50 rooms that it rents at $56a night. Operating costs are as follows:
Salaries $5,300per month
Utilities $1,300per month
Depreciation $1,100per month
Maintenance $3,892per month
Maid service $10per room
Other costs $18per room
Determine the inn's break-even point in number of rented rooms per month.
Break-even point enter the break-even point in number of rented rooms
Break-even point ___________ rooms
Determine the inn's break-even point in dollars.
Break-even point in $_________ enter the break-even point in dollars
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