Use the following information to answer question: The EconoPrice Hotel has 200 r
ID: 2455436 • Letter: U
Question
Use the following information to answer question:
The EconoPrice Hotel has 200 rooms. Each room rents at $110 per night and variable costs total $27 per room per night of occupancy. Fixed costs total $76,000 per month.
8.
If 75% of the rooms are occupied each night in the month of February (28 days) what will total costs be for the month?
A)
$189,400
B)
$173,600.
C)
$197,400
D)
$155,680.
If 75% of the rooms are occupied each night in the month of February (28 days) what will total costs be for the month?
A)
$189,400
B)
$173,600.
C)
$197,400
D)
$155,680.
Explanation / Answer
Use the following information to answer question: The EconoPrice Hotel has 200 r