Biff Titan, a student at UWO, plans to open a hot dog stand inside UWO's football stadium

during home games. There are eight (8) home games scheduled for the upcoming season. He

must pay the UWO athletic department a vendor's fee of $1,600 for the season. The stand and

other equipment will cost him $2,850 for the season. Each hot dog will cost him $0.61. He has

talked to friends at other universities who sell hot dogs at games. Based on their information

and the athletic department's forecast that each game will sell out, he anticipates that he will sell

approximately 1,075 hot dogs during each game.

1) What will he need to charge per hot dog to break even for the season? Answer to

2

decimal

places. Include the excel table you used to answer this (copy and paste it into the word

document) and note any formulas you created. (5 pts)