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Determine the inns break-even point in dollars

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Reference no: EM132508773

Question - The Ivanhoe Acres Inn is trying to determine its break-even point during its off-peak season. The inn has 50 rooms that it rents at $56 a night. Operating costs are as follows:

Salaries $5,300 per month

Utilities $1,300 per month

Depreciation $1,100 per month

Maintenance $3,892 per month

Maid service $10 per room

Other costs $18 per room

Required -

1. Determine the inn's break-even point in number of rented rooms per month.

2. Determine the inn's break-even point in dollars.

Reference no: EM132508773

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