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Boswell's Beanery is a locally owned specialty food Each of the shows that Boswell's attends has a product company in Northeast Ohio that has been in different booth rental fee. Booth rental fees can existence for over 30 years. Its products include flavored range from $350 to $5,000 for each show. Assume coffees and teas, dips, dressings, sauces, and that the booth rental fee at the Great Big Home + seasonings. Garden Show is $4,200 for the ten-day show and that Boswell's has an average contribution margin i (Click the icon to view additional information.) ratio of 40% on its products. Read the requirements. Requirement 1. How much in sales does Boswell's need to break even on the Great Big Home + Garden Show, assuming that the booth rental fee is the only fixed cost of the show? Identify the formula and then compute the breakeven point in dollars. (Complete all answer boxes. Enter a "0" for any zero amounts. Enter ratios, if any, as a decimal to two places, X.XX.) Breakeven sales in dollarsThe company attends a variety of craft and other shows throughout the year and sets up a booth at each show to sell its products. Free samples are offered to show attendees, and the Boswell's booth is always packed. Shows that Boswell's attends include the Yankee Peddler Festival in Canal Fulton, Ohio, the Great Big Home + Garden Show at the Cleveland I-X Center, and the Ohio Mart at Stan Hywet in Akron, Ohio. Boswell's also sells its products online via its website.X Requirements 1. How much in sales does Boswell's need to break even on the Great Big Home + Garden Show, assuming that the booth rental fee is the only fixed cost of the show? 2. The Great Big Home + Garden Show runs for ten days. How much, on average, must Boswell's sell each day of the show to break even? 3. Assume that 100,000 people visit the home and garden show each year spread evenly throughout the ten-day period. If 5% of the attendees purchase from Boswell's at the show, how much must each customer purchase from Boswell's for the company to break even on the booth rental fee? 4. Assume now that Boswell's wants to make a target profit of $4,000 for the Great Big Home + Garden Show. What sales volume will allow Boswell's to achieve this target profit?Bo y food Each of the shows that Boswell's attends has a pro Breakeven sales in dollars been in different booth rental fee. Booth rental fees can ex de flavored range from $350 to $5,000 for each show. Assume CO d that the booth rental fee at the Great Big Home + se Contribution margin per unit Garden Show is $4,200 for the ten-day show and that Boswell's has an average contribution margin Contribution margin ratio ion.) ratio of 40% on its products. Read the requirements. Fixed expenses Operating income Re Total number of customers swell's need to break even on the Great Big Home + Garden Show, as fixed cost of the show? Ide Units sold takeven point in dollars. (Complete all answer boxes. Enter a "0" for any ze al to two places, X.XX.) Variable expenses Breakeven sales in dollars