The Green Acres Inn is trying to determine its break-even point. The inn has 115 rooms that it rents at $138 a night. Operating costs are as follows.
Salaries |
$14,260 |
per month |
Utilities |
$2,530 |
per month |
Depreciation |
$2,300 |
per month |
Maintenance |
$230 |
per month |
Maid service |
$25.30 |
per room |
Other costs |
$64.40 |
per room
|
Determine the inn's break-even point in number of rented rooms per month. (Round answer to 0 decimal places, e.g. 425.)
Determine the inn's break-even point in dollars. (Round answer to the nearest whole dollar, e.g. 5,275.)