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As manager of the St. Cloud Theatre Company, you have decided that concession sales will support themselves. The following table provides the information you have

As manager of the St. Cloud Theatre Company, you have decided that concession sales will support themselves. The following table provides the information you have been able to put together thus far. Item Soft Drink Wine Coffee Candy Selling Price $1.20 $1.80 $1.00 $0.75 Variable Cost $0.60 $0.95 $0.40 $0.25 % of Revenue 24 24 29 23 Last year's manager, Scott Ellis, has advised you to be sure to add 10% of vivable cost as a waste allowance for all categories. You estimate labor cost to be $300.00 (5 booths with 2 people each). Even if nothing is sold, your labor cost will be $300.00, so you decide to consider this a fixed cost. Booth rental, which is a contractual cost at $60.00 for each booth per night, is also a fixed cost. a) Based on the information available, the per night break-even point in dollars for the St. Cloud Theatre Company = $ (round your response to two decimal places).
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As manager of the St. Cloud Theatre Company, you have decided that concession sales will support themselves. The following table provides the information you have been able to put together thus far: Last year's manager, Scott Elis, has advised you to be sure to add 10% of vitable cost as a waste allowance for all categories. You estimate labor cost to be $300.00 ( 5 booths with 2 people each). Even if nothing is sold, your labor cost will be $300.00, so you decide to consider this a flxed cost. Booth rental, which is a contractuat cost at $60.00 for each booth per night, is also a fixed cost. a) Based on the information available, the per night break-even point in dolars for the St. Cloud Theatre Company =$ (round your response to two decimal places). As manager of the St. Cloud Theatre Company, you have decided that concession sales will support themselves. The following table provides the information you have been able to put together thus far. Last year's manager, Scott Ellis, has advised you to be sure to add 10% of vituable cost as a waste allowance for all categories. You estimate labor cost to be $300.00 ( 5 booths with 2 people each). Even if nothing is sold, your labor cost will be $300.00, so you decide to consider this a fixed cost. Booth rental, which is a contractual cost at $60.00 for each booth per night, is also a fixed cost. a) Based on the information avallable, the per night break-even point in dollars for the St. Cloud Theatre Company =$ (round your response to two decimal places)

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