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The Richibouctou Inn is trying to determine its break-even point. The inn has 70 rooms available that are rented at $60 a night. Operating costs

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The Richibouctou Inn is trying to determine its break-even point. The inn has 70 rooms available that are rented at $60 a night. Operating costs are as follows: Salaries $510 per month $10,610 per month $1,960 per month Utilities Maintenance Housekeeping service Other costs $6 per room Depreciation $2,040 per month $30 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 $ 37,800 eTextbook and Media Attempts: 1 of 3 used (b) * Your answer is incorrect. If the inn plans on renting 25 rooms per day (assuming a 30-day month), what is the monthly margin of safety in dollars and the margin of safety ratio? Monthly margin of safety $ 84600 Margin of safety ratio 40 96

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