The Richibouctou Inn is trying to determine its break-even point. The inn has 72 rooms...
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The Richibouctou Inn is trying to determine its break-even point. The inn has 72 rooms available that are rented at $40 a night Operating costs are as follows: Salaries $5,114 per month Maintenance $580 per month Utilities $1.850 per month Housekeeping service $6 per room Depreciation $1,960 per month Other costs $18 per room Determine the inn's break-even point in the number of rented rooms per month and dollars. Break-even point rooms Break-even point $ e Textbook and Media If the inn plans on renting 30 rooms per day (assuming a 30-day month), what is the monthly margin of safety in dollars and the margin of safety ratio? Monthly margin of safety $ Margin of safety ratio %
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