Solution: BREAK EVEN ANALYSIS As part of their application for a loan to buy Lakeside Farm, a property they hope to develop as a bed-and-breakfast operation,
Question:
BREAK EVEN ANALYSIS
As part of their application for a loan to buy Lakeside Farm, a property they hope to develop as a bed-and-breakfast operation, the prospective owners have projected:
Monthly fixed cost (loan payment, taxes, insurance, maintenance) $6000
Variable cost per occupied room per night $ 20
Revenue per occupied room per night $ 75
- Write the expression for total cost per month. Assume 30 days per month.
- Write the expression for total revenue per month.
- If there are 12 guest rooms available, can they break even?
- What percentage of rooms would need to be occupied, on average, to break even?
Deliverable: Word Document 
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