Homework Answers
Contribution margin per room = Selling price per room – variable cost per room
= 60 – 8-34
= $18
CM Ratio = 18/60 = 30%
Break even point in rooms = Fixed costs/Contribution Margin per room
= 15,300/18
= 850 rooms
Dollars = Fixed costs/CM Ratio
= 15,300/30%
= $51,000
b.Margin of safety in Dollars = Total Sales – Break even sales
= 50*30*60 – 51,000
= $39,000
Ratio = Margin of safety sales/Total Sales
= 39,000/90,000
= 43.33%
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