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Please answer all empty cells. Below is your estimated budget for August of 2021 Estimated Costs for August 2021 (based on actual costs from the

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Please answer all empty cells.

Below is your estimated budget for August of 2021 Estimated Costs for August 2021 (based on actual costs from the last period) Selling price per large Snowie $5.25 Ice per Snowie Spoon straw (need one per Snowie) Styrofoam cup (need one per Snowie) Napkin (need two per Snowie) Servings per gallon of syrup Cost per gallon of syrup (includes concentrate, preservative, and Hourly rate for workers Event registration fee per day Electricity, insurance, maintenance, and permit costs per month Kiosk rental cost per month Purchase cost of two ice shavers (5-year life) Purchase cost of a flavor station (5-year life) $0.15 $0.03 $0.10 $0.01 26 $10.00 $10.00 $25.00 $275.00 $650.00 $3,180.00 $1,080.00 Question 1: Fill out the columns for Operate and Do Not Operate below Operate Do not operate Do not operate + Sell Papers Aug-21 4500 $23,625.00 Quantity Sold Sales revenue Variable expenses: Ice expense Spoon straws Styrofoam cups Napkins Syrup Total variable expenses $675.00 $135.00 $450.00 $45.00 $1,730.77 $3,035.77 Fixed expenses: Wages for workers Event registration fees Kiosk rental cost Depreciation - ice shavers Depreciation - flavor station Insurance, electrical, etc. Total fixed expenses Other Income Operating income $2,000.00 $625.00 $650.00 $53.00 $18.00 $275.00 $3,621.00 $16,968.23 Question 2: Would you operate the snowball stand in August under these tight restrictions

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