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Calculate the budgeted rooms sale revenue

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Question - A motel has 40 units. During the month of June, its average room rate is expected to be $80, and its room occupancy is 74%. In July, the owner is planning to raise room rates by 10%, and occupancy is expected to be 84%. In August, no further room rate raises are contemplated, but occupancy is expected to be up to 92%. For each of the three months of June, July, and August, calculate the budgeted rooms sale revenue.

Reference no: EM131796227

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