You are opening a hotel Here are the facts Sales Price Executive suites $1,000 per night Sales Price Junior suites $500 per night Sales Price Premium Rooms $300 per night Sales Price Standard Rooms $200 per night Variable cost Executive Suites $200 per night Variable cost Junior Suites $100 per night Variable cost Premium Rooms $50 per night Variable cost Standard Rooms $50 per night Rent $1,500,000 Salaries $1,000,000 Verizon Fios cost $370,000 Hotel Room mix Executive Suites 10 , Junior Suites 20 , Premium Rooms 30 , Standard Rooms 40 Answer the following 1) Total Fixed Costs 2)Contribution3)ContributionMarginforSection300 MarginforSection 4) Weighted Average Contribution Margin 5) How many Executive Rooms needs to be sold to breakeven 6) How many Standard Rooms needs to be sold to breakeven 7) How many Rooms need to be sold make $500,000

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You are opening a hotel  Here are the facts  Sales Price   Executive suites   $1,000 per night Sales Price   Junior suites   $500 per night Sales Price   Premium Rooms   $300 per night Sales Price   Standard Rooms    $200 per night Variable cost   Executive Suites   $200 per night Variable cost   Junior Suites   $100 per night Variable cost   Premium Rooms   $50 per night Variable cost   Standard Rooms   $50 per night Rent   $1,500,000 Salaries   $1,000,000 Verizon Fios cost $370,000 Hotel Room mix  Executive Suites 10  , Junior Suites 20 , Premium Rooms   30 , Standard Rooms 40  Answer the following  1) Total Fixed Costs  2)Contribution3)ContributionMarginforSection300 MarginforSection 4) Weighted Average Contribution Margin  5) How many Executive Rooms needs to be sold to breakeven  6) How many Standard Rooms needs to be sold to breakeven  7) How many Rooms need to be sold make $500,000

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You are opening a hotel. Here are the facts: Sales Price - Executive suites - $1,000 per night Sales Price - Junior suites - $500

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