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Will thumbs up for correct answers, Thank you! The Soma Inn is trying to determine its break-even point. The inn has 75 rooms that are
Will thumbs up for correct answers, Thank you!
The Soma Inn is trying to determine its break-even point. The inn has 75 rooms that are rented at S60 a night. Operating costs are as follows. Salaries Utilities Depreciation Maintenance Maid service Other costs S10,600 per month 2,400 per month 1,500 per month 800 per month 8 per room 34 per room Instructions (a) Determine the inn's break-even point in (1) number of rented rooms per month and (b) If the inn plans on renting an average of 50 rooms per day (assuming a 30-day month), NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a"?" (2) dollars. what is (1) the monthly margin of safety in dollars and (2) the margin of safety ratioStep by Step Solution
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