COST ACCOUNTING
BREAK EVEN POINT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
The margin of safety of a hotel is currently 25 guests per month. Monthly fixed costs are $5000, variable costs per guest is $25 and average price per room per night is $45. What will the new margin of safety be if the price per room is increased to $50 per night? (Assume the number of guests remain the same)
|
|
25
|
|
|
50
|
|
|
75
|
|
|
100
|
Explanation:
There is 1 question to complete.