Question: Question 7 (1 point) Listen You own a motel with 115 rooms. Fixed daily cost for Mortgage is 1,350. Other fixed costs (including staff salaries,
Question 7 (1 point) Listen You own a motel with 115 rooms. Fixed daily cost for Mortgage is 1,350. Other fixed costs (including staff salaries, maintenance) amount to $395 per day. Variable cost per room is $17 per day (includes extra utility cost, room cleanup, etc). Customers pay $111 per roomper day. A local company rented all the rooms of the hotel for 26 days for a workshop. What was the profit (or loss) of the hotel during this period, the entire workshop? Answer rounded to 0 decimal points Your
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
