The Grand River Hotel has both a rooms dept. and a coffee shop. It desires...
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Accounting
The Grand River Hotel has both a rooms dept. and a coffee shop. It desires to know its breakeven point. Its variable cost % for the rooms and coffee shop are 20% and 80%, respectively. The ratio of room to food sales is 4 to 1. Fixed costs are $300,000 annually. What is the break-even point ($)?
Question 10 options:
$400,000
$421,349
$441,176
$459,325
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