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Mooney's Beanery is a locally owned specialty food product company in Northeast Ohio that has been in existence for over 30 years. Its products
Mooney'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 flavored coffees and teas, dips, dressings, sauces, and seasonings. (Click the icon to view additional information.) Each of the shows that Mooney's attends has a different booth rental fee. Booth rental fees can range from $300 to $6,000 for each show. Assume that the booth rental fee at the Great Big Home + Garden Show is $4,600 for the ten-day show and that Mooney's has an average contribution margin ratio of 40% on its products. Read the requirements. Requirement 1. How much in sales does Mooney'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? Identify the formula and then compute the breakeven point in dollars. (Complete all answer boxes. Enter a "0" for any zero amounts. Enter ratios, if any, as a decimal to two places, X.XX.) )+ Breakeven sales in dollars
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