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The Soma Inn is trying to determine its break-even point. The inn has 75 rooms that are rented at $52 a night. Operating costs are
The Soma Inn is trying to determine its break-even point. The inn has 75 rooms that are rented at $52 a night. Operating costs are as follows. Salaries $9,000 per month Utilities Depreciation 1,500 per month Maintenance 900 per month Mald service Other costs 2,100 per month 6 per room 28 per room Your answer is partially correct Determine the inn's break-even point in (1) number of rented rooms per month and (2) dollars 1. Break-even point in rooms 750 2. Break-even point 38,571 eTextbook and Media Your answer is correct renting an average of 50 rooms per day lassuming a 30 day month), what is (1) the monthly margin of safety in dollars and (2) the margin of safety ratio? (Round ratio to O decimal places, eg. 10.)
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