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The rack rate for the average room at the Justin & Hoe's Just In Time Hotel is $ 8 0 . ?The marginal cost per
The rack rate for the average room at the Justin & Hoe's Just In Time Hotel is $ ?The marginal cost per room is $ ?and the paid occupancy percentage is ?Assume there are ?guestrooms. Assume rooms are sold at the rack rate.Required: ?What is the daily room revenue? ?What is the daily room contribution margin? ?What is the equivalent room occupancy if the room rate is discounted ?percent?
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