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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 Utilities $7,310 per month Maintenance $520 per month $2,140 per month Housekeeping service $6 per room Depreciation $1,370 per month Other costs $21 per room (a) Determine the inn's break-even point in the number of rented rooms per month and dollars. Break-even point Break-even point $ rooms
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