The manager of Sage Hotel provided costs for 2020, including 230 rooms with a 90% occupancy rate operating 365 days. This information can be used to calculate: the number of rooms sold per year (20730), the breakeven room rate ($121.57), the minimum daily revenue ($44,174.05), and the minimum rates for 300 sqft ($110.00) and 400 sqft ($132.00) rooms if there are 110 300sqft rooms.

1. The manager of Sage Hotel determined the following costs for 2020. Sage Hotel has 230 rooms
with an average occupancy rate of 90%. It operates 365 days per year. Do not enter dollar signs
or commas in the input boxes. a) Determine the number of rooms to be sold during the year.
Round your answer to the nearest whole number. Rooms to be Sold: b) Based on the above
information, what is the breakeven room rate for Sage Hotel? Roundyour answer to 2 decimal
places. Breakeven Room Rate: Breakeven Room Rate: c) What is the minimum daily revenue?
Round your answer to 2 decimal places. Minimum Daily Revenue: d) If Sage Hotel has twio
different sized rooms, 300 square feet and 400 square feet, what would be the minimum rate to
charge for those rooms if there are 110300 -square-foot rooms? Round square feet to the nearest
whole number. Round room rates to 2 decimal places. Total Square Feet Total Square Feet Sold:
Small Room Rate: Large Room Rate: