You run a hotel with 200 rooms fixed daily cost is 1500, Finance Basics

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You run a hotel with 200 rooms fixed daily cost is 1500

Question: You run a hotel with 200 rooms. Fixed daily cost is $1500 which includes staff salary and property charges, maintenance cost of hospital is additional $300 daily. Variable cost per room is $15 which includes cleaning, utility cost etc. You charge $100 per room per day. You sold 50 rooms today, how much is the total variable cost for that day.

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Finance Basics: You run a hotel with 200 rooms fixed daily cost is 1500

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Finance Basics: You run a hotel with 200 rooms fixed daily cost is 1500

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