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Q1. What is the CM for 'Room' department? 497,500 487,500 467,500 477,500 Q2. What is the CMR for 'Room' department? 0.85 0.70 0.75 0.65 Q3.

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Q1. What is the CM for 'Room' department?

497,500

487,500

467,500

477,500

Q2. What is the CMR for 'Room' department?

0.85

0.70

0.75

0.65

Q3. What is the CM for 'Food' department?

150,000

140,000

160,000

130,000

Q4. What is the CMR for 'Food' department?

0.7

0.4

0.6

0.5

Q5. What is the CMRw for Lohan Hotel?

0.6285

0.6265

0.6275

0.6255

Problem - 3 The Lohan Hotel has room and food operation. The rooms operation provides revenues of $650,000 and has variable costs of $162,500. The food operation provides revenues of $350,000 and has variable costs of $210,000. The total annual fixed costs are $300,000. (You can use the table given below before answering the questions) Answer the following questions

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