31 Scoops Ice Cream a new concept in gourmet ice cream is finishing up its business plan for upcoming Venture Capital rounds and just needs to complete its break even analysis to be done.

In order to get started with its ice cream business, it will need to purchase some state-of-the-art ice-cream manufacturing equipment valued at $50,000, which they will be able to purchase at a 30% discount. In addition, they will need to rent several store locations for a total of $15,000 per month. Other fixed costs include monthly salaries of $6,000 for 3 scoopers and other miscellaneous expenses of $2,000 per month. For you accounting "experts" out there, for the purposes of this exercises, you may ignore the impact/effect of depreciation.

31 Scoops estimates Variable Unit Costs to be about $1. They would also like to remain price competitive and charge $3.50 per serving of ice cream.

Using the information presented here, answer the following 4 questions. There will be space in the assignment for you to enter the answers, which are numeric. There will also be a link for you to submit your supporting calculations in whatever form you wish to submit them

Make sure to submit and "show all your work!" Correct answers without supporting calculations or explanations are discounted by 50%

What is the break-even point -- or how many servings of ice cream must be sold to break even, given a time horizon of one year?