All listed costs relate to the large size Snowie $0.20 $0.02 Ice per Snowie Spoon straw (need one per Snowie) Styrofoam cup (need one per Snowie) Napkin per sheet (need two per Snowie) $0.08 $0.01 $4.25 Servings per gallon of syrup Cost per gallon of syrup (includes concentrate, preservative, and sugar) Hourly rate for workers Event registration fee per day Electricity insurance, maintenance, and permit costs per month Kiosk rental per month Purchase cost of two ice shavers (five-year life) Purchase cost of a flavor station (five-year life) *Assumption made for this case Al monetary gereed in US dollars $10.00 $25.00 $250.00 $650.00 $3,180,00 $1,080.00 for Part 2 3 Data (all from Part 1 except for new selling price and cup cost) 4 Selling price per large Snowie 3.00 6 Ice per Snowie 7 Spoon straw (need one per Snowie) 8 Styrofoam cup (need one per Snowie) 9 Napkin (need two per Snowie) 10 Syrup cost per Snowie (from Part 1, Question 2) 11 Total variable cost per Snowie 12 13 Sales revenue from Octoberfest (200 Snowies sold) 14 Variable costs for Octoberfest 15 Total contribution margin - Octoberfest 0.20 0.02 0.08 0.01 0.15 0.46 600.00 92.00 2.54 17 Should Snowie accept the special price offer? (Yes or No to the next cell) Part 1 Part 2 Part 3 Type here to search 0 0 3 Syrup cost per Snowie (Cost per gallon/Servings per gallon of syrup) 0 2. Budgeted contribution margin income statement for one month. Business Name Budgeted Contribution Margin Income Statement For Month Ended July 31 $ 6,900.00 06 Sales revenue 37 Less variable expenses: 38 Ice expense 39 Spoon straws H0 Styrofoam cups 41 Napkins 42 Syrup 43 Total variable expenses 44 Total contribution margin 45 Less fixed expenses: 46 Wages for workers 47 Event registration fees 48 Kiosk rental cost 49 Depreciation - ice shavers 50 Depreciation - flavor station 51 Total fixed expenses 52 Operating income 53 6,900.00 2,480.00 775.00 650.00 Part 1 3,905.00 2,995.00 Part 2 Part 3 Type here to search