Write the expression for total revenue per month

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

Monthly fixed costs $8000
Variable cost per occupied room per night $40
Revenue per occupied room per night $165


Answer: R(x) = 165x

Business

You might also like to view...

A put option provides an options holder

a. the obligation to buy foreign currency at a specific price. b. the obligation to sell foreign currency at a specific price. c. the right to buy foreign currency at a specific price. d. the right to sell foreign currency at a specific price.

Business

The amount by which applied overhead exceeds the actual overhead costs incurred is called overapplied overhead

Indicate whether the statement is true or false

Business

The firm's before-tax cost of debt is ________. (See Table 9.1 )

A) 7.8 percent B) 10.6 percent C) 11.2 percent D) 12.7 percent

Business

It is unconstitutional for the legislative branch of government to delegate power to the executive branch

Indicate whether the statement is true or false

Business