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Please fill in this chart using the values included. Drop down choices are included in the photos below. Here are the drop downs for first
Please fill in this chart using the values included. Drop down choices are included in the photos below.
Here are the drop downs for first 3 rows
And these are the variables for the bottom half, Please fill in values according to the information
Grand Garden is a luxury hotel with 155 suites. Its regular suite rate is $210 per night per suite. The hotel's cost per night is $135 per suite and consists of the following. Variable direct labor and materials cost Fixed cost [(S5,870,000/155 suites) 365 days] Total cost per night per suite S 31 104 $ 135 e local Bikers' Club The hotel manager received an offer to which is the hotel's low season with an occupancy rate of under 60%. The Bikers' Club would reserve 45 suites for three nights if the hotel could offer a 60% discount, or a rate of $84 per night. The hotel manager is inclined to reject the offer because the cost per suite per night is $135. The manager believes that if 45 suites are offered at the rate of $6,885 per night for three nights, the hotel would lose $6,885, computed as ($84-$135) x 45 suites x 3 nights. Required: Prepare an analysis of this offer for the hotel manager. Contribution margin analysisStep by Step Solution
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