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The Richibouctou Inn is trying to determine its break-even point. The inn has 72 rooms available that are rented at $60 a night. Operating costs
The Richibouctou Inn is trying to determine its break-even point. The inn has 72 rooms available that are rented at $60 a night. Operating costs are as follows: Salaries $14.762 per month $510 per month Utilities $2,020 per month Maintenance Housekeeping service Other costs $4 per room Depreciation $1,140 per month $32 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 e Textbook and Media Break-even point rooms Break-even point $ eTextbook and Media If the inn plans on renting 32 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 % e Textbook and Media
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