Question: Requirement 2 only same price. Blodgett estimates the following operating costs for next year: (Click the icon to view the operating costs.) (Click the icon

Requirement 2 only Requirement 2 only same price. Blodgett estimates the following operating costs for

same price. Blodgett estimates the following operating costs for next year: (Click the icon to view the operating costs.) (Click the icon to view additional information.) Read the requirements. Requirement 1. What price should Blodgett charge for a room-night? What is the markup as a percentage of the full cost of a room-night? Begin by selecting the formula, then enter the amounts and solve for the room price per night. Data table What is the markup as a percentage of 1 Ctrl + Alt +A Ctrl + Alt +S Ctrl +Alt+O by 10% ? Show your calculations. Begin by calculating the new contributio contribution margin to the nearest dollar.) Requirements More info 1. What price should Blodgett charge for a room-night? What is the markup as a The capital invested in the motel is $1,400,000. The partnership's target return on percentage of the full cost of a room-night? 2. Blodgett's market research indicates that if the price of a room-night investment is 20%. Blodgett expects demand for rooms to be uniform throughout determined in requirement 1 is reduced by 10%, the expected number of room-nights Blodgett could rent would increase by 10%. Should Blodgett reduce prices by 10% ? Show your calculations

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