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Business, 19.01.2021 18:50 rose80123

The Soma 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 $10,000 per month
Utilities 2,600 per month
Depreciation 1,400 per month
Maintenance 700 per month
Maid service 8 per room
Other costs 34 per room
Determine the inn's break-even point in (1) number of rented rooms per month and (2) dollars.
1. Break-even point in rooms
2. Break-even point
If 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

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The Soma Inn is trying to determine its break-even point. The inn has 75 rooms that are rented at $5...

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