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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

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A sample of 14 students was selected to estimate the average score in a given quiz. The average score in the sample is 2.14 with
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The average score of the student in the class at a 99% confidence lies between 1.252 and 3.028

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The mean is known one

= (z σ/√14)

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(2.576 ×1.29÷√14)

= 2.576 × 0.345

= 0.888

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Where would revenue be maximized for a company facing a linear demand curve
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Cave Hardware's forecasted sales for April; May; June; and July are $ 170,000; $ 230,000; $ 190,000; and $ 260,000; respectively
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Answer:

accounts payable 128,500

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Inventory      168,500

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accounts paylable    124,690

6 0
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