Compute what is the total revenue at the desired profit

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Question 1: Sky High Hotel has two operating departments, which are rooms and F&B departments. Rooms and F&B departments have acquired $300,000 and $240,000 revenue respectively. Also, the VC for the rooms and F&B departments are $120,000 and $95,000 respectively. This hotel has an FC of $150,000. Imagine that Sky High's room and F&B revenues increase by 6.00% and the VC for both departments decreases by 8.00%. If the management wants to achieve a desired profit of $100,000, what is the total revenue at the desired profit needed for Sky High?

Reference no: EM132537565

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