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 $5,250 per month Utilities 2,100 per month Depreciation 1,500 per month Maintenance 900 per month Maid service 7 per room Other costs 32 per room.

Determine the inns break-even point in (1) number of rented rooms per month and (2) dollars.

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 margin of safety ratio? (Round ratio to 0 decimal places, e.g. 10%.)