Moonoy's Beanery is a locally owned specially food product compary in Northeast ONo that has Each of the shows that Mooneys attends has a ditkorent booth rertad fee. Boogth reoty been in exstence for over 30 years. its prodvets include flavored coffeos and teas. foes can range from $300 to $6.000 for aach show. Assume that the beoth ientat fee at des. drestings, savoes, and seasoningt. has an average contribution margin ratio of 20% on its producta. (Cick the icon to yewe add tonal intormation.) Read the Requirement 1. How much in sales does Mooney's need to break aven on the Great Big Home + Garden Show, assuming that the booth rental fee is the only foued cost of the ahow? has an average contribution margin ratio of 20% on its prodi i) (Click the icon to view additional information.) Read the requirements. More info the booth rental fee is the only ficed con The company attends a variety of craft and other shows throughout the year and sets up a booth at each show to sell its products. Free samples are offered to show attendees, and the Mooney's booth is always packed. Shows that Mooney's attends include the Yankee Peddler Festival in Canal Fulton, Ohio, the Great Big Home + Garden Show at the Cleveland I-X Center, and the Ohio Mart at Stan Hywet in Akron, Ohio. Mooney's also sells its products online via its website. has an average contribution margin ratio of 20% on its products Requirements 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? 2. The Great Big Home + Garden Show runs for ten days. How much, on average, must Mooney's sell each day of the thow to break even? 3. Assume that 50,000 people visit the home and garden show each year spread evenly throughout the ten-day period. If 8% of the attendees purchase from Mooney's at the show, how much must each customer purchase from Mooney's for the company to break even on the booth rental fee? 4. Assume now that Mooney's wante to make a target profit of $3,500 for the Great Big Home + Garden Show. What sales volume will allow Mooney's to achieve this target profit