Purchase Solution

Quantitative Methods Case

Not what you're looking for?

Ask Custom Question

A newly opened bed-and-breakfast projects the following:

Monthly fixed costs $6000
Variable cost per occupied room per night $20
Revenue per occupied room per night $75

If there are 12 rooms available, what percentage of rooms would have to be occupied, on average, to break even?

Purchase this Solution

Solution Summary

If there are 12 rooms available, what percentage of rooms would have to be occupied, on average, to break even?

Solution Preview

Contribution per room per night = Revenue - variable cost = $75-$20 ...

Purchase this Solution


Free BrainMass Quizzes
IPOs

This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)

Organizational Behavior (OB)

The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.

Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.

Situational Leadership

This quiz will help you better understand Situational Leadership and its theories.

Writing Business Plans

This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.