#2. Although sales have declined in the past couple of games, the student estimates that 280 hotdogs can be sold at Game #4 if he adjusts the price that he charges his customers for each hotdog. Calculate the following (show all work). a.) Total Variable Cost for Game #4. b.) Total Cost for Game #4 c.) What is the "Contribution Margin" for Game # 4 if the price that customers pay for a hotdog is $3.50 ? d.) Was the student's decision to set the price of hotdogs at $3.50 a good one? Why? No. of Hotdogs Sold Total Cost Game #1 300 $ 1,100 Game #2 290 $ 1,086 Game #3 250 $ 1,020