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Assume that you plan to open a soft ice cream franchise in a resort communi during the summer months. Fixed costs for the three month
Assume that you plan to open a soft ice cream franchise in a resort communi during the summer months. Fixed costs for the three month period are projected to be $5,650. Variable costs per serving (ice cream and cone) would be S0.50 franchise fee per serving is SO.15. A market analysis prepared by Oakland Ice indicates that summer and there is a 0.15 sales at the resort community should total 24,000 units What price should be charged for each ice cream to achieve a profit of $20,000
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