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The Palmer Acres Inn | ||||
Fixed Cost: | ||||
Salaries | $ 5,000.00 | |||
Utilities | $ 1,200.00 | |||
Depreciation | $ 900.00 | |||
Maintenance | $ 1,657.00 | |||
Total | $ 8,757.00 | |||
Variable Expenses: | ||||
Maid Service | $ 17.00 | per room | ||
Other Cost | $ 32.00 | per room | ||
Variable cost per rented room | $ 49.00 | per room | ||
Number of rooms | 50 | |||
Rent Price per room | $ 70.00 | |||
Contribution Margin=Selling Price per unit-Variable cost per unit | ||||
Contribution Margin=($70-$49) | 21 | per room | ||
Break even point in number of rented room per month=(Fixed cost/Contribution margin) | ||||
Break even point in number of rented room per month=($8757/21) | 417 | |||
Break even Point in Dollar =Fixed Cost/Contribution margin ratio | ||||
Contribution Margin Ratio=Contribution margin per unit/Selling price per unit=(21/70)*100 | 30% | |||
Break even point in dollars=(8757/30%) | $ 29,190.00 | |||
OR | ||||
Break even point on dollar=Break even sale(Units)*Selling price per unit | ||||
Break even point on dollar=(417*$70) | $ 29,190.00 |
The Palmer Acres Inn is trying to determine its break-even point during its off-peak season. The...
The Palmer 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: Exercise 22-6 The Palmer 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 Utilities Depreciation Maintenance Maid service Other costs $5,700 per month $1,400 per month...
The Palmer Acres Inn is trying to determine its break-even point during its off-peak season. The inn has 50 rooms that it rents at $75 a night. Operating costs are as follows. Salaries $6,000 per month Utilities $1,200 per month Depreciation $900 per month Maintenance $4,380 per month Maid service $15 per room Other costs $30 per room Determine the inn’s break-even point in number of rented rooms per month. Break-even point rooms Determine the inn’s break-even point in dollars....
Exercise 22-6 The Palmer Acres Inn is trying to determine its break-even point during its off-peak season. The inn has 50 rooms that it rents at $70 a night. Operating costs are as follows: Salaries Utilities Depreciation Maintenance Maid service Other costs $5,800 per month $1,400 per month $1,100 per month $3,740 per montlh $14 per room $28 per room Determine the inn's break-even point in number of rented rooms per month Break-even point rooms LINK TO TEXT LINK TO...
The Cullumber Acres Inn is trying to determine its break-even point during its off-peak season. The inn has 50 rooms that it rents at $100 a night. Operating costs are as follows: Salaries $7,500 per month Utilities $1,000 per month Depreciation $1,100 per month Maintenance $2,940 per month Maid service $24 per room Other costs $46 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...
The Carla Vista Acres Inn is trying to determine its break-even point during its off-peak season. The inn has 50 rooms that it rents at $70 a night. Operating costs are as follows: Salaries $6,000 per month Utilities $1,400 per month Depreciation $1,300 per month Maintenance $3,228 per month Maid service $14 per room Other costs $28 per room Part 1) Determine the inn’s break-even point in number of rented rooms per month. Part 2) Determine the inn’s break-even point...
8. The Oriole Acres Inn is trying to determine its break-even point during its off-peak season. The inn has 50 rooms that it rents at $44 a night. Operating costs are as follows: Salaries $5,400 per month Utilities $1,000 per month Depreciation $1,200 per month Maintenance $1,288 per month Maid service $7 per room Other costs $15 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...
The Ivanhoe Acres Inn is trying to determine its break-even point during its off-peak season. The inn has 50 rooms that it rents at $56 a night. Operating costs are as follows: Salaries $5,300 per month Utilities $1,300 per month $1,100 per month Depreciation Maintenance $3,892 per month Maid service $10 per room Other costs $18 per room Determine the inn's break-even point in number of rented rooms per month. Break-even point rooms LINK TO TEXT LINK TO TEXT VIDEO:...
Profit E18-9 The Palmer Acres Inn is trying to determine its break-even point during its off-peak season. The inn has 50 rooms that it rents at $60 a night. Operating costs are as follows. Salaries Utilities Depreciation Maintenance Maid service Other costs $5,900 per month $1,100 per month $1,000 per month $100 per month $14 per room $28 per room Instructions Determine the inn's break-even point in (a) number of rented rooms per month and (b) dollars.
The Ayayai Acres Inn is trying to determine its break-even point during its off-peak season. The inn has 50 rooms that it rents at $50 a night. Operating costs are as follows: Salaries Utilities Depreciation Maintenance Maid service Other costs $5,800 per month $1,000 per month $900 per month $300 per month $10 per room $20 per room Determine the inn's break-even point in number of rented rooms per month. Break-even point rooms e Textbook and Media Determine the inn's...
The Carla Vista Acres Inn is trying to determine its break-even point during its off-peak season. The inn has 50 rooms that it rents at $70 a night. Operating costs are as follows: Salaries Utilities Depreciation Maintenance Maid service Other costs $6,000 per month $1,400 per month $1,300 per month $3,228 per month $14 per room $28 per room Determine the inn's break-even point in number of rented rooms per month. Break-even point rooms Determine the inn's break-even point in...