Camey's Beanery is a locally owned soecialty food product company in Northeast Ohio that has been in existence for over 30 years. Its products include lavored coffoos and teas, dips, dressings, sauces, and Each of the shows thet Carney's attends has a different booth rental fee. Booth rental fees can range from $800 to $7,000 for each show. Assume that the booth rental fee at the Great Big Home+ Garden Show isa $5,040 for the five-day show and that Carney's has an average contribution margin ratio of 40 % on its seasonings products (Click the kon to view additional information.) Read the equirements Requirement 1. How much in sales does Camey's need to break even on the Great Big Home+ Garden Show, assuming that the booth rental fee is the only fixed cost of the show? Idensty the formula and then compute the breakeven point in doliars. (Complete all answar boxes. Enter a "0" for any zero amounts, Enter ratics, if any, as a degimal to two places, XXX) Breakoven sales Fixed expenses Operating income Contribution margin ration in doilars 5.040 Requirement 2. The Great Big Home + Garden Show runs for five days. How much, on average, must Camay's sell each day of the show to break even? Camay's must sell each day to break even Requirement 3. Assume that 100,000 people visit the home and garden show each year spread evenly throughout the five-day pariod. If 8% of the atendees purchase from Carmey's at the show, how much must each customer purchase from Camey's for the company to break even on the booth rental fee?" the formula and then compute the purchase amount needed per customer. (Round your answer to the nearest cent) Id Breakeven sales in dollars Total number of customers Purchase amount per cusomen Choose from any list or enter any number in the input fields and then continue to the next question. Requirements 1. How much in sales does Carney's need to break even on the Great Big Home + Garden Show, assuming that the booth rental fee is the only fixed cost of the show? 2. The Great Big Home + Garden Show runs for five days. How much, on average, must Carney's sell each day of the show to break even? 3. Assume that 100,000 people visit the home and garden show each year spread evenly throughout the five-day period. If 8% of the attendees purchase from Carney's at the show, how much must each customer purchase from Carney's for the company to break even on the booth rental fee? 4. Assume now that Carney's wants to make a target profit of $3,000 for the Great Big Home + Garden Show. What sales volume will allow Carney's to achieve this target profit? Don Print Each of the shows that Carney's atends has a different booth rental fee. Booth rental fer $800 to $7,000 for each show, Assume that the booth rental fee at the Great Big Home Carney's Beanery is a locally owned specialty food product company in Northeast Ohio that has been in existence for over 30 years. Its products include favored coffees and teas, dips, dressings, sauces, and seasonings $5,040 for the five-day show and that Camey's has an average contribution margin ratio products (Click the icon to view additional information.) Read the reguirements Breakeven sales Operating income Fixed expenses Contribution margin ratio in dolars 5,040 Requirement 2. The Great Big Home+ Garden Show runs for five days. How much, on average, must Camey's sell each day of the show to break even? each day to break even Camey's must sell $ Requirement 3. Assume that 100,000 people visit the home and garden show each year spread evenly throughout the five-day period. If 8 % of the attendees purchase from Carmey's at the show, how customer purchase from Camey's for the company to break even on the booth rental fee? identify the formula and then compute the purchase amount needed per customer. (Round your answer to the nearest cent.) Breakeven sales in dollars Total number of customers Purchase amount per customer Requirement 4. Assume now that Camey's wants to make a target proft of $3,000 for the Great Big Home + Garden Show. What sales volume will allow Carney's to achieve this target profit? to achieve the target profit. Camey's sales volume must be S Choose from any ist or enter any number in the input fields and then continue to the next