Following is the information about the New Hotel in Kathmandu: ➢ Total number of single rooms = 40 (100% for 5 months and 60% for 7 months) ➢ Total number of double rooms = 30 (70% for 5 months and…

Following is the information about the New Hotel in Kathmandu: ➢ Total number of single rooms = 40 (100% for 5 months and 60% for 7 months) ➢ Total number of double rooms = 30 (70% for 5 months and 50% for 7 months) Annual expenses and other information are given below: ➢ Room attendants 4 staff salary = Rs 30,000 per month per staff. ➢ Administrative 3 staff salary = Rs 20,000 per month per staff. ➢ Other staff 2 salary = Rs 15,000 per month per staff. ➢ Electricity charge = Rs 120,000 per year. ➢ Repair charge = Rs 30,000 per year. ➢ Insurance premium = Rs 60,000 per year. ➢ Laundry charge = Rs 10,000 per month ➢ Depreciation on furniture = 25% of Rs 500,000. ➢ Depreciation of land and building = 5% of 8,000,000. ➢ Miscellaneous expenses = Rs 100,000 per year. ➢ Profit 20% on the cost of sales. Assumed that the double bad room shall be regarded as 1.5 of the single room for the fixing the rate of the room. Required: a) Statement of operating cost b) Room charge for single and double rooms per day.