Question
The Ivanhoe Inn is trying to determine its break-even point. The inn has 75 rooms available that are rented at $45 a night. Operating
The Ivanhoe Inn is trying to determine its break-even point. The inn has 75 rooms available that are rented at $45 a night. Operating costs are as follows: Salaries $7,310 per month Maintenance $520 per month Utilities $2,140 per month Housekeeping service Depreciation $1,370 per month Other costs $6 per room $21 per room (a) Your answer is correct. Determine the inn's break-even point in the number of rented rooms per month and dollars. Break-even point 630 rooms Break-even point $ 28350
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