Question
Total Sales for the month of December was $877,500, Total Fixed Cost was $175,500. and Total Variable Cost was $245,700. The hotel had 65 percent
Total Sales for the month of December was $877,500, Total Fixed Cost was $175,500. and Total Variable Cost was $245,700. The hotel had 65 percent occupancy in December and has 360 rooms.
What is the Break-even ADR at 65% Occupancy for the month of December? (Choose the closest answer)
$115 | |
$60 | |
$125 | |
$65 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
The Life Audit
Authors: Michelle Moroney
1st Edition
978-0717184736
