Question
Assume that Main Street Kent, an organization that hosts outdoor events in downtown Kent, approaches you about bringing your Snowie kiosk to the Octoberfest in
Assume that Main Street Kent, an organization that hosts outdoor events in downtown Kent, approaches you about bringing your Snowie kiosk to the Octoberfest in Kent for one day in October. Main Street Kent will provide the cups for the event that are branded with the Kent Octoberfest logo, so you will not have any cup costs for this event. Main Street Kent will also not be charging you a registration fee for this event. Main Street Kent will allow you to advertise your business in its mailings for two months at no cost and asks you to cut your Snowie sales price for this one event to $4.00 in exchange for the free advertising. You have no other event scheduled for this one day in October and you would work the event by yourself (you will not pay an employee for this one-day event.) You anticipate that you will sell 230 Snowie's on this one day at Octoberfest. Do you accept Main Street Kent's special price offer? Why or why not? Support your answer.
- Part 2 relates to Chapter 8 ; specifically a special order. Therefore, refer to the exercise from the instructor video (exercises) and the homework exercise that was a special order (the baseball card exercise). This is the format you need to follow. - The responses need to be an easy to follow format with supporting calculations. Treat this like it is a paper or presentation and someone has to be able to follow along. The format should be like the exercise to support your decision. Make sure to list all the variable expenses by line item. Once you determine the numbers' part, you need to verbally discuss it as noted above. - If you like, you can type your table in Excel and cut and paste it in your response. - Review the rubric in the Group Project Module to know how you will be graded. Everyone in the group should review the rubric after you believe you completed this part of the group project. This way you can ensure what you are being graded on is addressed in your group response. - Round to two decimal places in your response and all calculationsStep by Step Solution
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