Exercise 19-17 (Algo) Analyzing a special offer for a service company LO P3 Grand Garden is a hotei with 200 sultes. Its regular sulte price is $220 per night per suite. The hotel's total cost per night is $150 per suite and consists of the following. The hotel manager recelves an offer to hold the local Bikers' Club meeting at the hotel in March, which is the hotei's slow season with a low occupancy rate per night. The Bikers' Club would reserve 160 suites for one night if the hotel accepts a price of $118 per night, (a) What is the contribution margin from this special otfer? (b) Should the Bikers' Club offer be accepted or rejected? Exercise 19.14 (Algo) Absorption costing and overproduction LO C1 Jax incerporated reports the following data for its only product. The company had no beginning finished goods inventory and it uses absorption costing 1. Compute gross profit assuming (a) 71,000 units are produced and 71,000 units are sold and (D)102,000 units are produced and 71,000 units are sold 2. Ay how much would the company's gross profit inerease or decrease from producing 31,000 more units than it sells? Complete this question by entering your answers in the tabs below. Compute gross profk assuming (a) 71,000 units are produced and 71,000 units are soid and (b) 102,000 units are produced and 71,000 units are soid. Exercise 19-14 (Algo) Absorption costing and overproduction LO C1 Jax incorporated reports the following data for its only product. The company had no beginning finished goods inventory and it uses absorption costing. 1. Compute gross profit assuming (a) 71,000 units are produced and 71,000 units are soid and (b)102,000 units are produced and. 71,000 units are sold. 2. By how much would the company's gross profit increase or decrease from producing 31,000 more units than it sells? Complete this question by entering your answers in the tabs below. By how much would the company's gross profit increase or decrease from producing 31,000 more units than it sells