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Check my work Grand Garden is a luxury hotel with 160 suites. Its regular suite rate is $220 per night per suite. The hotel's cost
Check my work Grand Garden is a luxury hotel with 160 suites. Its regular suite rate is $220 per night per suite. The hotel's cost per night is $145 per suite and consists of the following. $ 43 Variable direct labor and materials cost Fixed cost [($5,970, 000/160 suites) days] Total cost per night per suite 365 102 $145 The hotel manager received an offer to hold the local Bikers Club annual meeting at the hotel in March, which is the hotel's low season with an occupancy rate of under 50%. The Bikers' Club would reserve 45 suites for three nights if the hotel could offer a 50% discount, or a rate of $110 per night. The hotel manager is inclined to reject the offer because the cost per suite per night is ( Prev 3 of 4 Next> rch 1048 AM 7/5/2019 Check my work $145. Required: Prepare an analysis of this offer for the hotel manager. Contribution margin analysis Prev 3 of 4 Next> search
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