Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 2 Days Ago
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 18 Aug 2017 My Price 3.00

Downtowner Motel

The Downtowner Motel desires to earn after-tax income of $10,000 per month. Its average daily rate (ADR) is $60, and its variable costs per room sold equal $20. Its monthly fixed costs total $15,000, and its average tax rate is 20%. How many rooms must be sold over the course of the year in order to achieve the desired profit level?

a.     3,750 rooms

b.    6,250 rooms

c.     8,250 rooms

d.    9,065

Please show all your works

Answers

(5)
Status NEW Posted 18 Aug 2017 03:08 PM My Price 3.00

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