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What total operating costs would expect the company

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Reference no: EM132569000

Comfort Inns Inc, has a total of 2,000 rooms in its nationwide chains of motel. On average, 70% of the rooms are occupied each day. The company's operating costs are $21.00 per occupied room per day at this occupancy level, assuming a 30-day month. This $21.00 figure contains both variable and fixed cost elements. During October, the occupancy rate dropped to only 45%. A total of $792,000 in operating costs was incurred during October.

Instructions:

Question 1: Assume that the occupancy rate increases to 60% during November. What total operating costs would you expect the company to incur during November?

Select one:

a. $846,000

b. $946,000

c. $746,000

Reference no: EM132569000

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