For this assignment, you are starting to look at some options to increase revenues at the Happiness Hotel. So far, you have come up with three plans: Catering chair set up to host a small shower for about 40 people. You will include some basic decorations and work to coordinate the linens to match guest preferences. event runs about 45%. Based on a review of competitors, you think you can charge between $35 and $50 per person for this type of event, most like $45 per person. Room Tourist Attraction (a $150 value). You will also include one free breakfast. can charge roughly $140 per room per night for this package - slightly above your regular average rate of $115. Food he will open up the banquet room temporarily increasing the capacity to 60 people. allowing for 3 turns of each seat. For this assignment, please complete the following - Use the Template to help you figure out the details. price points, use the highest, lowest, and what is given. choose? C - what information do you feel is missing to make an informed decision about the packages. List the missing information for each package separately. Write up the answers to the three questions and submit them as a report to the owner. Catering Breakeven Point Fixed Costs Price per Person Variable Cost Pct Variable cost dollar CM \% BE point Room Breakeven Points Priced Costs per Person Variable Cost Pct Variable cost dollar CM \% BE point Food Breakeven Point Fixed Costs Price per Person Variable Cost Pct Variable cost dollar CM \% BE point Catering Events For this assignment, you are starting to look at some options to increase revenues at the Happiness Hotel. So far, you have come up with three plans: Catering chair set up to host a small shower for about 40 people. You will include some basic decorations and work to coordinate the linens to match guest preferences. event runs about 45%. Based on a review of competitors, you think you can charge between $35 and $50 per person for this type of event, most like $45 per person. Room Tourist Attraction (a $150 value). You will also include one free breakfast. can charge roughly $140 per room per night for this package - slightly above your regular average rate of $115. Food he will open up the banquet room temporarily increasing the capacity to 60 people. allowing for 3 turns of each seat. For this assignment, please complete the following - Use the Template to help you figure out the details. price points, use the highest, lowest, and what is given. choose? C - what information do you feel is missing to make an informed decision about the packages. List the missing information for each package separately. Write up the answers to the three questions and submit them as a report to the owner. Catering Breakeven Point Fixed Costs Price per Person Variable Cost Pct Variable cost dollar CM \% BE point Room Breakeven Points Priced Costs per Person Variable Cost Pct Variable cost dollar CM \% BE point Food Breakeven Point Fixed Costs Price per Person Variable Cost Pct Variable cost dollar CM \% BE point Catering Events