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The Soma Inn is trying to determine its break-even point. The inn has 75 rooms that are rented at $60 a night. Operating costs as

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The Soma Inn is trying to determine its break-even point. The inn has 75 rooms that are rented at $60 a night. Operating costs as follow Salaries Utilities Depreciation Maintenance Maid service Other costs $10,850 per month 2,900 per month 1,600 per month 850 per month 8 per room 34 per room Determine the inn's break-even point in (1) number of rented rooms per month and (2) dollars. 1. Break even point in rooms 2. Break-even point per month If the inn plans on renting an average of 50 rooms per day (assuming a 30-day month), what is (1) the monthly margin of safety in dollars and (2) the main of safety ratio? (Round ratio to o decimal places, eg. 109.) 1. Margin of safety 2. Margin of safety ratio

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