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What are the inn's break-even points number of rented rooms per month and sales dollars. What is the monthly margin of safety in dollars sns
What are the inn's break-even points number of rented rooms per month and sales dollars. What is the monthly margin of safety in dollars sns margin of safety ration if the Inn plans on renting an average of 50 rooms per day in a (30 day) month period.
E6.1. Compute break-even point and margin of safefy The Soma inn is tying to determine its break-even point. The in has 75 rooms trut are rented at $60 a night. Operating costs are as followi. Instructions a. Determine the inn's break-even point in (1) number of rented roome per month and (2) sules dollars. b. If the inn plans on renting an average of 50 rooms por day (assuming a 30 -day month), what is (1) the monthly margin of salety in dollars and (2) the margin of adetey rasio? NOTE: Enter a formula, a cell reference, or a value (if you are unable to reference a ceis, into the yellow shaded input cells Step by Step Solution
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