Use this information to answer the next two questions. The following data relates to the Exquisite Hotel that provides overnight accommodation but no other services:
Fixed costs: $252,000 per annum; Variable cost per room night sold: $14; Average selling price per room night: $84; Annual after tax target profit: $63,000; Bravo's profit taxed at: 40%.
-What annual number of rooms sold does the Exquisite Hotel have to achieve in order to achieve its target level of profit?

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The Answer of Use this information to answer the next two questions. The following data relates to the Exquisite Hotel that provides overnight accommodation but no other services:
Fixed costs: $252,000 per annum; Variable cost per room night sold: $14; Average selling price per room night: $84; Annual after tax target profit: $63,000; Bravo's profit taxed at: 40%.
-What annual number of rooms sold does the Exquisite Hotel have to achieve in order to achieve its target level of profit?

Use This Information to Answer the Next Two Questions