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 $100 a night. Operating costs are as follows: Salaries Property tax Depreciation (straight-line) Maintenance Maid service Other costs (a) $7,500 $1,500 $1,300 $200 $24 $46 x Your answer is incorrect. Break-even point per month per month per month per month per room per room Determine the inn's break-even point in number of rented rooms per month. 402 rooms

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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
$100 a night. Operating costs are as follows:
Salaries
Property tax
Depreciation (straight-line)
Maintenance
Maid service
Other costs
(a)
x Your answer is incorrect.
$7,500
$1,500
$1,300
$200
$24
$46
Break-even point
Determine the inn's break-even point in number of rented rooms per month.
eTextbook and Media
per month
per month
per month
per month
per room
per room
402
rooms
Transcribed Image Text: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 $100 a night. Operating costs are as follows: Salaries Property tax Depreciation (straight-line) Maintenance Maid service Other costs (a) x Your answer is incorrect. $7,500 $1,500 $1,300 $200 $24 $46 Break-even point Determine the inn's break-even point in number of rented rooms per month. eTextbook and Media per month per month per month per month per room per room 402 rooms
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