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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 are
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 are as follows. Salaries $11,800 per month Utilities 2,100 per month Depreciation 1,500 per month Maintenance 800 per month Maid service 8 per room Other costs 34 34 per room * Your answer is incorrect. 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 18 900 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 eTextbook and Media 18 900 x Your answer is incorrect. 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 O decimal places, e.g. 10.) 1 Margin of safety $ 2. Margin of safety ratio eTextbook and Media %
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