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All TU AA Copy ED Wrap Text Paste B I U Format lili MO E M Merge & Center 4 D17 X fix J B

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All TU AA Copy ED Wrap Text Paste B I U Format lili MO E M Merge & Center 4 D17 X fix J B C D E F G H 1 Name: 2 Pricing 3 4 Assume that you plan to open a soft ice cream franchise in a resort community 5 during the summer months. Fixed costs for the three month period are projected 6 to be $24,000. Variable costs per serving (ice cream and cone) would be $0.75, and there is a $0.25 7 A market analysis prepared by Oakland Ice indicates that summer 8 sales at the resort community should total 20,000 cones. 9 10 What price should be charged for each ice cream to achieve a profit of $40,000? 11 What risks could happen that might prevent the company from making the target operating profit of $40,000? 12 Please answer in 2-3 sentences 13 14 15 16 17 18 19 20 21 22 23 24 25 26

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