Question: FULL SCREEN PRINTER VERSION Exercise 6.23 a-b (Part Level Submission) The Richibouctou Inn is trying to determine its break-even point. The inn has 71 rooms

 FULL SCREEN PRINTER VERSION Exercise 6.23 a-b (Part Level Submission) The

Richibouctou Inn is trying to determine its break-even point. The inn has

FULL SCREEN PRINTER VERSION Exercise 6.23 a-b (Part Level Submission) The Richibouctou Inn is trying to determine its break-even point. The inn has 71 rooms available that are rented at $50 a night. Operating costs are as follows: Salaries $7,410 per month Maintenance $400 per month Utilities $2.080 per month Housekeeping service $7 per room Depreciation $1,360 per month Other costs S18 per room (a) Your answer has been saved and sent for grading. See Gradebook for score details Determine the Inn's break-even point in the number of rented rooms per month and dollars. Break-even point 450 rooms Break even point 22500 5 By accessing this question Assistance, you will learn while you earn points based on the point potential policy set by your instructor Attempts: 1 of 1 used Determine the inn's break-even point in the number of rented rooms per month and dollars. Break even point 450 rooms Break-even point 22500 $ By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Attempts: 1 of 1 used (b) If the inn plans on renting 25 rooms per day (assuming a 30 day month), what is the monthly margin of safety in dollars and the margin of safety ratio? Monthly margin of safety 15000 Margin of safety ratio 90 By accessing this Question Assistance, you will learn while you earn hoits hased on the Point Dat

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