Question: View Policies Show Attempt History Current Attempt in Progress The Sheridan Inn is trying to determine its break-even point. The inn has 75 rooms that

 View Policies Show Attempt History Current Attempt in Progress The Sheridan
Inn is trying to determine its break-even point. The inn has 75

View Policies Show Attempt History Current Attempt in Progress The Sheridan Inn is trying to determine its break-even point. The inn has 75 rooms that are rented at $56 a night Operating costs are as follows Salaries Utilities Depreciation Maintenance Maid service Other costs $5,800 per month 2,700 per month 1,300 per month 700 per month 8 per room 34 per room (a) Your answer is correct Determine the inn's break even point in (1) number of rented rooms per month and (2) dollars 1 Break-even point in rooms 750 $ 2 3000 Break-even point per month Attempts: 1 of 3 used (b) of the inn plans on renting an average of 50 rooms per day (assuming a 30-day month), what is (1) the monthly margin of safety in dollars and (2) the margin of safety ratio? (Round ratio to 0 decimal places, e.g. 10%.) $ 1 Margin of safety 2 Margin of safety ratio eTextbook and Media Save for Later Attempts: 0 of 3 used Submit

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