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The Richibouctou Inn is trying to determine its break-even point. The inn has 74 rooms available that are rented at $40 a night. Operating costs

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The Richibouctou Inn is trying to determine its break-even point. The inn has 74 rooms available that are rented at $40 a night. Operating costs are as follows: Salaries $5,690 per month Utilities $1,980 per month Maintenance Housekeeping service Other costs $410 per month $5 per room $19 per room Depreciation $1,040 per month (a) Determine the inn's break-even point in the number of rented rooms per month and dollars. Break-even point rooms Break-even point eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer (b). 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 $ Margin of safety ratio %

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