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YYZ Hotel has a total 200 rooms. Its sales mix and contribution information per room is given below: Sales Mix Contribution margin Standard 35% $50
YYZ Hotel has a total 200 rooms. Its sales mix and contribution information per room is given below:
| Sales Mix | Contribution margin | |
| Standard | 35% | $50 |
| Deluxe | 50% | $70 |
| Suite | 15% | $100 |
The total fixed cost for the month of November is $283,500
Questions:
- Weighted average contribution margin per room
- What is the breakeven occupancy?
- Number of standard rooms to be sold to breakeven
- Number of deluxe rooms to be sold to breakeven
- Number of suite to be sold to breakeven
- What would be the room profit if occupancy is 90% for November?
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Mathematics Of Finance
Authors: Robert Brown, Steve Kopp, Petr Zima
8th Edition
0070876460, 978-0070876460
