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Determine the sales dollars must be generated to attain

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Question 1: Classy Hotels is an establishment that provides accomodation to tourists in Las Vegas. The average price of a Deluxe Room is $350 per night and the average variable expense per night is $102. The average ?xed expense per month is $12,000. Determine the sales dollars that must be generated to attain target pro?ts of $40,000 per month? (Hint: Sales :5 to attain target pro?t = Target pro?t + Fixed expenses/CM Ratio)

 

Reference no: EM132490904

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