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From Brigid BE -5,000 From Sadie Isn't it 5,00 From Me...

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Accounting

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From Brigid BE -5,000 From Sadie Isn't it 5,00 From Me 25,000 B Exercise 2 (Hotel) From Ce Whatst A 200 room hotel has an annual fixed cost of $1,000,000 and a profit goal of 12% return on investment $5,000,000. With an average room rate of $78 and average From M I thunk think - Mu - 44 22 56% Determine the annual number of room sales and revenue required. variable cost of $34, pf = 12%* 5,000,000 = $600,000 (Mu=Pr - VG u = 78.-34 = $44 CM% = 78 Su FC + Pf u S& Sux Pr= 000

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