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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 Utilities Depreciation Maintenance Mald service Other costs $9,500 per month 2,000 per month 1,200 per month 700 per month 6 per room 28 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 eTextbook and Media decimal places, e3. 10.) 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 rat 1 Margin of safety 2. Margin of safety ratio
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