Solution-Calculate the fixed costs per month and the

Calculate the fixed costs per month and the variable cost

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Reference no: EM13938109

Information on occupancy and costs at the New Light Hotel for April, May, and June are indicated below:

1744_259-B-M-A-C-V-P (1259).png

Required:

a. Calculate the fixed costs per month and the variable cost per occupied room using account analysis for April.

b. Calculate the fixed costs per month and the variable cost per occupied room using the high- low method.

c. Average room rates are $120 per night. What is the contribution margin per occupied room?
In answering this question, use your variable cost estimate from part b.

Reference no: EM13938109

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Calculate the fixed costs per month and the variable cost

Reference no: EM13938109

Reference no: EM13938109

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