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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 $50 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 $50 a night. Operating costs are as follows: Salaries $6,970 per month Maintenance $490 per month Utilities $1,900 per month Housekeeping service $5 per room Depreciation $1,140 per month Other costs $25 per room Determine the inn's break-even point in the number of rented rooms per month and dollars rooms Break-even point Break-even point $ 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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