The manager of Sage Hotel determined the following costs for $2020.$

Room Operating Costs $$2,125,000$

Depreciation Expense $$830,000$

Property Taxes Expense $$398,000$

Management Salaries $$493,000$

Other Operating Costs $$2,213,000$

Total Operating Costs $$6,059,000$

Sage Hotel has $230$ rooms with an average occupancy rate of $90\%.$ It operates $365$ days per year.

Do not enter dollar signs or commas in the input boxes.

a$)$ Determine the number of rooms to be sold during the year.

Round your answer to the nearest whole number.

Rooms to be Sold:

Answer

b$)$ Based on the above information, what is the breakeven room rate for Sage Hotel?

Round your answer to $2$ decimal places.

Breakeven Room Rate:

Answer

c$)$ What is the minimum daily revenue?

Round your answer to $2$ decimal places.

Minimum Daily Revenue:

Answer

d$)$ If Sage Hotel has two different sized rooms, $300$ square feet and $400$ square feet, what would be the minimum rate to charge for those rooms if there are $120300-$square$-$foot rooms?

Round square feet to the nearest whole number.

Round room rates to $2$ decimal places.

Total Square Feet:

Answer

Total Square Feet Sold:

Answer

Small Room Rate:

Answer

Large Room Rate:

Answer