The monthly fixed costs of operating a 20-unit motel are $32,000. The price per room...

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Accounting

The monthly fixed costs of operating a 20-unit motel are $32,000. The price per room per night is set at $115. Costs arising from rentals on a per-unit per-day basis are $15 for maid service, $7 for supplies and laundry, and $5 for heat and utilities. (a) Calculate the average occupancy rate the motel will break even for a 30-day month common bookeeping business day's record. (b) Calculate the motel's net income for a 30% occupancy rate.

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