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20 points Given the recent economic downturn, Midtown Soup Kitchen would like to provide meals in a new location. The initial study shows that the

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20 points Given the recent economic downturn, Midtown Soup Kitchen would like to provide meals in a new location. The initial study shows that the fixed costs, including the rent, equipment, and personnel costs, are $50,000 per month. The facility can serve one thousand meals per day thirty days a month, and there is more demand than the kitchen can supply. The variable cost is the food cost, which is approximately $2.00 per meal, and the city is willing to support the project. You are preparing a budget application to the city. How much support will you need from the city for one year of serving meals to make this project break even financially? 20 points Given the recent economic downturn, Midtown Soup Kitchen would like to provide meals in a new location. The initial study shows that the fixed costs, including the rent, equipment, and personnel costs, are $50,000 per month. The facility can serve one thousand meals per day thirty days a month, and there is more demand than the kitchen can supply. The variable cost is the food cost, which is approximately $2.00 per meal, and the city is willing to support the project. You are preparing a budget application to the city. How much support will you need from the city for one year of serving meals to make this project break even financially

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