Jane Botosan operates a bed and breakfast hotel in a resort area near Lake Michigan. Depreciation on the hotel is $60,000 per year. Jane employs a maintenance person at an annual salary of $41,000 and a cleaning person at an annual salary of $24,000. Real estate taxes are $10,000 per year. The rooms rent at an average price of $60 per person per night including breakfast. Other costs ar e laundry and cleaning service at a cost of $10 per person per night and the cost of food which is $5 per person per night. Part 1 Your answer is incorrect. Determine the number of rentals and the sales revenue Jane needs to break even using the contribution margin technique 2778 Break-even number of rentals 166680 Break-even sales Part 3 Jane is considering upgrading the breakfast service to attract more business and increase prices. This will cost an additional $3 for food costs per person per night. Jane feels she can increase the room rate to $68 per person per night. Determine the number of rentals and the sales revenue Jane needs to break even if the changes are made. Break-even number of rentals Break-even sales eTextbook and Media Part 2 If the current level of rentals is 4,000, by what percentage can rentals decrease before Jane has to worry about having a net loss? Margin of safety -H eTextbook and Media Attempts: 0 of 3 used Check