Compute total costs be for the month

Reference no: EM139640

Q: The Sunrise Hotel has 200 rooms. Each room rents at $110 per night and variable costs total $16 per room per night of occupancy. Fixed costs total $84,000 per month.

If 80% of the rooms are occupied each night in the month of February (28 days) what will total costs be for the month?

A) $86,560.
B) $173,600.
C) $71,680.
D) $155,680.

Reference no: EM139640

Questions Cloud

Evaluate financial impact of spending this additional money : What would be the financial impact of spending this additional money on advertising for the month of February

Key factors which impact company decision : Examine the major factors which impact a company’s decision of whether to pay the dividend and determine what you believe is the most significant driver of the decision.

Discuss the main forces to increase the globalization : Main forces to increase the globalization and explain the challenges / opportunities

Computation of future annual receipts considering inflation : Computation of future annual receipts considering inflation rate and what annual income should he plan to receive in the first year of retirement in order to maintain the purchasing power on $20,000

Compute total costs be for the month : Fixed costs total $84,000 per month, If 80% of the rooms are occupied each night in the month of February Compute total costs be for the month

Set up necessary t accounts : A business paid 100 to cash to Karen Smith (the owner of the business) for her personal use. Set up the necessary T accounts and show how this transaction would be recorded directly to those accounts

Computation of contract investment realization : Computation of Contract Investment realization and definition of the term hedging and You hold the option until the expiration date when IBM stock

What kind of tool is this : On the back of an envelope, Phoebe writes: "I promise to pay $ 600 Characteristic or bearer on demand [Signed] Phoebe .." What kind of tool is this?

Computation of hpr listed price of a bond and value : Computation of HPR listed price of a bond and value of put option and You put up $50 at the beginning of the year for an investment

User Account

All Pages