Qusstion 3- Cost Volume Profit Anabsis-(7 marks) t preciat on t hoet is $60,000 Sawsan opscanes a bed and breakfast hotel in a reson area in the Ag per ear Saasan employs a maintcnance persss at an annual salkieyst s30,000 PS yoar and a s person at an annual salary of $24,000 per jear Real estate taxes are S10.000 per Year. The rooms re an averags price of SS0 per perss per aight including brcakfast. Other costs are taundry service at s per person per night and the cost of food which is $6.00 per person per night I nst ructions (a) Determime the number of renials and the sales revense S Sawsan needs to break even using the ccontribution margin technique by what perceatage can sales revense can sales revenue decrease (b) I' the currest level of sales revenue is $20000 before Sawsan hac to worty about having anet loss? Sawsan is considering upgrading the break fast service to atract more business and increass prices This will cost an additional $5.00 for food costs per person per night Sausan feels sbe can increase the room rate to $65 per persen per night. Determine the number of rentals and the sales revenue Sawsan needs to break even if the changes are made