Question: Compute the (a) total fixed cost and (b) fixed cost per guest if the hotel has 16,000 guests next month. Compare the fixed cost per
Compute the
(a) total fixed cost and
(b) fixed cost per guest if the hotel has 16,000 guests next month. Compare the fixed cost per guest at the higher occupancy rate to the fixed cost per guest when only 2,000 guests stay during the month.
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a Total fixed costs do not react to wide changes in volume th... View full answer
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