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THELP WITH B . The Oriole Inn is trying to determine its break - even point. The inn has 7 5 rooms that are rented

THELP WITH B. The Oriole 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 ,$4,900 per month
Utilities ,2,500 per month
Depreciation 1,500 per month
Maintenance 850 permonth
Maid service ,7 per room
Other costs 32 per room
(a)
Your answer is correct.
Determine the inn's break-even point in (1) number of rented rooms per month and (2) dollars.
Break-even point in rooms
Break-even point
per month
eTextbook and Media
Attempts: 1 of 2 used
(b)
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%.)
Margin of safety
Margin of safety ratio
Attempts: 0 of 2 used
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