1. Let us assume, that in the management of a small hotel business providing 50 rooms to guests, the following occupancy and electric power consumption for the first six months of the year took place: Power Month Occupancy Consumption January 20 P 45,000 February 30 55,000 March 28 52,000 April 26 51,000 May 35 65,000 June 32 61,000 Total 329,000 The hotel management assumes that the occupancy in July will be 33 rooms. 1. Variable cost ratio 2. Total Fixed costs. Required: +
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1. Let us assume, that in the management of a small hotel business providing 50 rooms to guests,
the following occupancy and electric power consumption for the first six months of the year
took place:
Power
Consumption
Month Occupancy
January
20
45,000
February 30
55,000
March
28
52,000
April
26
51,000
May
35
65,000
June
32
61,000
Total
329,000
The hotel management assumes that the occupancy in July will be 33 rooms.
1. Variable cost ratio
2. Total Fixed costs.
Required:
Sheet1
P](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F88114a4e-1e7f-4811-af4b-8eb1ebbecb23%2F953c3a4e-fa3b-4bb7-82de-672a5f22199e%2Fhbbl2zq_processed.jpeg&w=3840&q=75)
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