1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dafna1 [17]
3 years ago
11

The Bramble Acres Inn is trying to determine its break-even point during its off-peak season. The inn has 50 rooms that it rents

at $55 a night. Operating costs are as follows: Salaries $6,600 per month Utilities $1,100 per month Depreciation $900 per month Maintenance $420 per month Maid service $11 per room Other costs $22 per room Determine the inn’s break-even point in number of rented rooms per month. Break-even point enter the break-even point in number of rented rooms rooms eTextbook and Media Determine the inn’s break-even point in dollars. Break-even point $enter the Break-even point in dollars
Business
1 answer:
yulyashka [42]3 years ago
8 0

Answer:

410 rooms and $22,550

Explanation:

The computation of the break even point and in dollars is shown below:

Break even point in units is

= Fixed cost ÷ (Selling price - variable cost)

where,

Fixed cost is

= Salaries + Utilities + Depreciation + Maintenance

= $6,600 + $1,100 + $900 + $420

= $9,020

And, the selling price is $55

And the variable cost is

= Maid service + other cost

= $22 + $11

= $33

So, the break even point in points is

= ($9,020) ÷ ($55 - $33)

= 410 rooms

And the break even point in dollars is

= 410 rooms × $55

= $22,550

You might be interested in
In 2018, X Company sold 6,800 units of its only product for $36.10 each. Unit costs were as follows: Variable manufacturing $14.
Eddi Din [679]

Answer The correct answer is 8.317 units

Explanation:

Firstly, calculate the Total fixed costs= ($2.35+$2.63)*6800= $33.864 Fixed Manufacturing and Selling cost

Secondly, calculate the earnings before taxes 63.000/(1-tax rate) = 63.000(/1-0.39)= 103.278.69

Then, Calculate the Revenue less fixed cost  103.278.69+33.864=137.142,68

Then calculate the Variable margin that is equal to ( Price of sales per unit – Variable manufacturing – Variable selling) = (36.10-14.50-5.11)= 16.49

Finally divide the revenue less fixed cost on the variable margin (137.142,68/16.49) = 8316.72

                                     Units                        Price    Total

Revenue                             8,316.72                    36.10      300,233.54  

Fixed Manufacturing                                                  (15,980.00)

Variable manufacturing    8,316.72                    14.50      (120,592.42)

Fixed Selling                                                                    (17,884.00)

Variable Selling                 8,316.72                      5.11         (42,498.43)

Net Revenue                                                                     103,278.69  

Tax rate                                                                39%        (40,278.69)

Total                                                                            63,000.00  

7 0
3 years ago
When your manager, Novak, talks about a , he means a set of interrelated parts that function as a whole to achieve a common purp
andrew-mc [135]

Answer:

A System

Explanation:

Novak is referring to a system. A system is a complex union of several interrelated parts that have different specific functions, but share a common goal, and a more or less common mechanism.

Society is a system, a computer as well. Firms are systems, they have different parts: employees, stockholders and management that have specific functions but work together toward a common goal: generating revenue.

5 0
3 years ago
When the price of a good rises, consumers buy a smaller quantity because of the ________ effect and the ________ effect?
VladimirAG [237]
When the price of a good rises, consumers buy a smaller quantity because of the substitution effect and the income effect.  A change in the relative prices of goods results in change in consumption of that goods and that is denoted as the substitution effect. T<span>he change in purchasing power on the other hand which also result in change in consumption is referred to as the income effect.</span>
4 0
3 years ago
A firm conducted a market analysis and determined that a new wo
forsale [732]
The answer is A the firm should increase output!!!!
4 0
3 years ago
In the retail industry, ABC tries to add value to their products and services so they can attract customers who are willing to p
kicyunya [14]

Answer:

A. Differentiation strategy.

Explanation:

In a market different firms try to maintain a competitive edge over others. This is achieved by using various strategies like: Differentiation strategy, Local strategy, Regional strategy, Cost-leadership strategy, Global strategy.

In the given scenario ABC tries to add value to their products and services so they can attract customers who are willing to pay a higher price.

This is a differentiation strategy where a firm tries to make their product different from.otgers in order to maintain a competitive advantage over others

5 0
3 years ago
Other questions:
  • I have a signed contract with one company this company sold my contract to another company that did the work and it wasn't done
    13·1 answer
  • "A broker-dealer who acted as financial advisor to a municipality in structuring a new issue now wishes to act as underwriter in
    8·1 answer
  • Researchers have defined the marketing problem. what is the next step in the marketing research process? A. Interpret the data.
    5·2 answers
  • A paper mill releases chemicals into a river. There is one town downstream that uses the water. For every unit of chemicals rele
    8·1 answer
  • When an appraiser assumes that no one is being forced to sell at a reduced price because of an impending divorce or similar situ
    13·1 answer
  • On July 7, you purchased 500 shares of Wagoneer, Inc. stock for $21 a share. On August 1, you sold 200 shares of this stock for
    12·1 answer
  • Fabio corporation is considering eliminating a department that has a contribution margin of $26,000 and $74,000 in fixed costs.
    11·1 answer
  • If the rate of inflation in Japan dramatically increases while the rate of inflation in the United States remains constant, then
    12·1 answer
  • Last year, Alfred earned $5,000, Betty earned $50,000, and Charlie earned $500,000. If they all pay a 35% tax on all their incom
    10·1 answer
  • Do i need a LLC for a lipgloss business
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!