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PLEASE ANSWER QUESTIONS 5-7 ONLY THIS SECOND PICTURE IS THE ANSWERS TO QUESTION 1-4 FOR REFERENCE ON THE NUMBERS USED So-s Kesearcning Cost or operating

PLEASE ANSWER QUESTIONS 5-7 ONLY image text in transcribed
THIS SECOND PICTURE IS THE ANSWERS TO QUESTION 1-4 FOR REFERENCE ON THE NUMBERS USED
image text in transcribed
So-s Kesearcning Cost or operating venaing Machines, rertorming cost-volume-Protit Anarysis, Multproauct CPL1.o-og Suppose you have decided to start a small business selling snacks from vending machines. You have secured a location for one candy vending machine in a local bookstore. Rental for the space will cost $200 per month Vending machines can be purchased at wholesale clubs such as Sam's Club and Costco. You can also purchase the snacks to stock the machines in bulk there Required 1. Either visit a local warehouse club or review its website to determine the inithial cost to purchase a snack 2. Assume you are initially going to have only one type of snack bar in your machine What type of snack bar will you choose? I you purchase the bars in bulk, what is your cost per bar? 3. How much will you charge for each bar sold? 4. What is your contribution margin per bar? How many bars must you sell to cover the cost of the vending machine? n you have covered the initial investment, what will the monthly break even point be in number of bars and in sales dollars? beverage vending machine You may anzume rental for the vending machine space is $200 per month regardless of it type machine that offers both soda 6. Repeat requirements 2 through 5 assuming you decided to have a drink vending machine instead of a snack machine Remember to find the price for a 7. Assume your machine can accommodate more than one product, for example, a snack machine that can dispense both chips and candy bars or a drink and water. Repeat requirements 2 through 5 assuming you have decided to offr two products. The products should have diffeentprices variable costs, and contribution margins Perform the anahses for threelevels of sales mix 50/50, 3070, and 7030

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