Grand Garden is a luxury hotel with 150 suites. Its regular suite rate is $250 per night per suite. The hote's cost per night is $140 per suite and consists of the following Variable direct labor and materials cost Fixed cost I ($6,822,500/1se suites) 365 days]11 Total cost per night per suite $30 140 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 Bakers' Club would reserve 50 suites for three nights if the hotel could offer a 50% discount, or a rate of $125 per night. The hotel manager is inclined to reject the offer because the cost per suite per night is $140 Required: Prepare an analysis of this offer for the hotel manager