Bus 102-21 Exam 2-Spring 2021 Professor Nadler Problem 1. There is nothing more American than the hotdog. In an effort to pay for your books you have involved are listed below. All of these costs assume that your parents have graciously given you a grill to use Manufacturing Com Variable or Fixed Court Materials $1.00 S 50 sos Hotdog permit Hotdogroll permit Hotdog tray per unit Condiments per unit Propane gas (for the year) Tongs Rent paid to LaSalle 5110 515 $1.000 Required | 40 Points]: (Show all calculations for maximum eredit) 1. From the above list of 7 types of costs, indicate which are variable costs and which are fixed costs. (Assume rent, propane gas and tons have to paid for ahead of time, regardless of whether any hot dogs are sold.) 2. From the above list of?types of con indicate which costs are direct materials and which are mfg overhead. 3. Your sophisticated market research tells you that you should charge $4.00 for a hotdog. If your sales price is $4.00 per botdog, what is your contribution margin per unit and what is your contribution margin ratio? 1 Page Bus 102-21 Exam 2-Spring 2021 Professor Nadler Problem 1. There is nothing more American than the hotdog. In an effort to pay for your books you have involved are listed below. All of these costs assume that your parents have graciously given you a grill to use Manufacturing Com Variable or Fixed Court Materials $1.00 S 50 sos Hotdog permit Hotdogroll permit Hotdog tray per unit Condiments per unit Propane gas (for the year) Tongs Rent paid to LaSalle 5110 515 $1.000 Required | 40 Points]: (Show all calculations for maximum eredit) 1. From the above list of 7 types of costs, indicate which are variable costs and which are fixed costs. (Assume rent, propane gas and tons have to paid for ahead of time, regardless of whether any hot dogs are sold.) 2. From the above list of?types of con indicate which costs are direct materials and which are mfg overhead. 3. Your sophisticated market research tells you that you should charge $4.00 for a hotdog. If your sales price is $4.00 per botdog, what is your contribution margin per unit and what is your contribution margin ratio? 1 Page