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The management of a 9,500-room theme hotel in Orlando projected an average occupancy of 80.00%...

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Accounting

The management of a 9,500-room theme hotel in Orlando projected an average occupancy of 80.00% with an average occupancy of 2.40 people per room. Additionally, the management estimated that 1.54 meals will be needed for each checked-in guest. However, the recent data show that 400 people have not checked into any room. The management has decided to include those people in the forecast for the next year. If the forecasted meal revenue is $260,560, what is the projected price per meal based on the forecasted #of meals to be sold for the next year based on the regression analysis?

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