Question: Hotel X expects the total fixed costs per month will be $20,000. The variable costs will be $50 per room. The room rate is $150

Hotel X expects the total fixed costs per month will be $20,000. The variable costs will be $50 per room. The room rate is $150 per night. Please calculate 1) How many rooms must be sold per month to at least break even? 2) How many rooms must be sold per month if the owner requires a 20% return? please include formulas

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