The Soma Inn is trying to determine its break-even point. The inn has 75 rooms that...
The Soma Inn is trying to determine its break-even point. The
inn has 75 rooms that are rented at $52 a night. Operating costs
are as follows.
| Salaries | $4,900 | per month | |
| Utilities | 2,500 | per month | |
| Depreciation | 1,500 | per month | |
| Maintenance | 850 | per month | |
| Maid service | 7 | per room | |
| Other costs | 32 | 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 |
$ |
per month |
Homework Answers
Total variable costs=Maid service+Other costs
=7+32=$39 per room
Total fixed cost=Salaries+Utilities+Depreciation+Maintenance
=4900+2500+1500+850=$9750
Contribution margin=Sales-Variable cost
=(52-39)=$13 per room
Breakeven=Fixed expenses/Contribution margin
=(9750/13)=750 rooms
=(750*52)=$39000
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Salaries
$6,000
per month
Utilities
$1,200
per month
Depreciation
$900
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Maintenance
$4,380
per month
Maid service
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$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
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per room
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per month.
Break-even point
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Determine the inn’s break-even point in dollars....
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