Question: $ 8 4 contains both variable and fixed cost elements. During April, the occupancy rate dropped to only 4 0 % . A total of
$ contains both variable and fixed cost elements. During April, the occupancy rate dropped to only A total of $ in operating cost was incurred during April.
Required:
Estimate the variable cost per occupied room per day.
Estimate the total fixed operating costs per month.
Assume that the occupancy rate increases to during May. What total operating costs would you expect the company to incur in May? give me the correct answers only
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