Data: Selling price per large Snowie 5$

Ice per snowie (need one per servin)$0.2

Spoon straw (need one per serving)$0.02

Napking(need two per snowine) $0.01

Serving per gallon of syrup $28

Cost per gallon of syrup (includes concentrate, preservative, and sugar) $4.25

Hourly rate for workers $10

Even registration fee per day $25

Electricity, insurance, maintenance, and permit cost per month $250

Kiosk rental cost per month (12 month) $650

Purchase cost of two ice shavers (5 year life) $3180

Purchase cost of flavor station (5 year life) $1080

Number of days you anticipate opening the kiosk per month 20

Number of hours you will work (no wages required) per day 6

Number of hours you will pay an employee to work in the kiosk per day 8

1. Number of days you anticipate opening the kiosk per month 20
2. Number of hours you will work( no wages required) per day 6
3. Number of hours you will pay an employee to work in the kiosk per day 8
4. Number of Snowies you estimate you will sell on average day 69

Question:

Syrup cost per snowie (cost per gallon/Servings per gallon of syrup)

Budget contribution margin income statement For the month ended July 31

Sales revenue from October 6900

Less variable expenses: Ice expense, Spoon straws, Styrofoam cups, napkins, syrup

Total variable expenses $ - No need

Total contribution margin $6900

Less fixed expenses: Wages for workers, event registration fees, kiosk rental cost, Depreciation ice shavers, Depreciation flavor station

Total fixed expense $- No need

Oparating income $6900