Use the following information to answer question: The EconoPrice Hotel has 200 r

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

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