Solved: Opened bed-and-breakfast projects, Other Management

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Opened bed-and-breakfast projects

A newly opened bed-and-breakfast projects the following:

Monthly fixed costs    $6000
Variable cost per occupied room per night    $20
Revenue per occupied room per night    $75

If there are 12 rooms available, what percentage of rooms would have to be occupied, on average, to break even?

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Other Management: Opened bed-and-breakfast projects

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