Hello, I attached my project to this message. I cannot figure out any of it and do not know where to start.

Assignment #2 - CVP PROJECT Facts: You have started a small hotdog stand and want to use the concepts of CVP to manage the stand. Your stand will be used to sell hotdogs in front of office buildings during the lunch hour in Columbus, Ohio. This is a seasonal business and most of the activity will occur in the summer months. The following are your estimated costs and information for the season: Depreciation on the stand General Insurance Gas Cost License Fee Operator's wage rate Payroll taxes Professional Fees Estimated hours of operation Estimated hours of wages Mileage paid Misc. Supplies Other Costs $1,750 $550 $575 $150 $8.00 per hour 12% of wages $200 500 hours 700 hours $780 $125 $100 Hotdogs Buns Condiments Paper Products Selling Price $ .45 $ .15 $ .10 $ .05 $2.00 1. 2. 3. 4. 5. 6. 7. Make a list of all Fixed Costs and show the total. (14 points) Make a list of all Variable Costs and show the total. (5 points) Calculate Unit Contribution Margin as a percentage of selling price. (5 points) Calculate the Breakeven Point in units and dollars. (10 points) How many hotdogs do you need to sell to make a $10,000 profit before income taxes? (6 points) Prepare a contribution margin income statement showing a pre-tax profit of $10,000. (10 points) You have an opportunity to add a cooler unit to your stand and can lease it for $400 a season. It will add $50 to your gas cost for the season. With this you can sell pop. A can of pop will cost $.35 a can and you will be able to sell a dog and pop for $2.75. a. The new unit contribution margin. (5 pts.) b. The new total fixed costs. (5 pts.) c. The contribution margin ratio. (5 pts.) d. The break even in sales dollars for this opportunity. (5 pts.)