The San Marcos Inn is trying to determine its break-even point. The inn has 50 rooms that
Question:
The San Marcos Inn is trying to determine its break-even point. The inn has 50 rooms that it rents at $60 a night. Operating costs are as follows.
Salaries ........$7,200 per month
Utilities ........$1,500 per month
Depreciation ......$1,200 per month
Maintenance ...... $300 per month
Maid service ...... $8 per room
Other costs ...... $28 per room
Instructions
Determine the inn’s break-even point in
(1) Number of rented rooms per month and
(2) Dollars.
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Related Book For
Accounting Tools for business decision making
ISBN: 978-0470095461
4th Edition
Authors: kimmel, weygandt, kieso
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