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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 follows. Salaries Utilities Depreciation Maintenance Maid service. Other costs $10,850 per month 2,900 per month 1,600 per month 850 per month per room 8 n 34 per room Your answer is 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. Draak-quen noint 900 54000 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 im dollars and (2) the margin of safety ratio? (Round ratio to 0 decimal places, e.g. 10%) 1. Margin of safety 2. Margin of safety ratio 00 %
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