The following data relates to the Fiona Hwang Lotus Hotel that provides overnight accommodation but...
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Accounting
The following data relates to the Fiona Hwang Lotus Hotel that provides overnight accommodation but no other services:
Fixed costs: $240,000 per annum;
Variable cost per room night sold: $15;
Average selling price per room night: $65.
What is the Fiona Hwang Lotus Hotels monthly breakeven in terms of room nights sold?
Select one:
a. 600
b. 1,200
c. 400
d. 800
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