Question 1 (8 marks) Luxury Hotel's downtown location has three types of guests at their hotel: Business, Vacation and Conference. Total Fixed costs are $40,000 per night. Other financial information for a typical night is as follows: Guest Type Average number of rooms per night Business 100 Vacation 60 Conference 40 Variable cost Revenue per room per room 160 40 180 200 40 40 Required each of these are separate situations A. What is current net income per night. B. Assuming that the mix remains constant, how many total rooms need to be rented per night to break event. C. Assuming that the mix remains constant, how many Business rooms need to be rented per night to make a nightly income of $10,000 D. Assuming that the mix remains constant, what is net income per night if 400 rooms are rented.