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please do all parts More info It draws nearly one million visitors over the ten-day period each July and August. The fair is a non-profit
please do all parts
More info It draws nearly one million visitors over the ten-day period each July and August. The fair is a non-profit organization. It is self-supporting and needs, at a minimum, to break even by generating revenues through various activities. Among the sources of revenue for The Florida State Fair are the revenues generated from the food vendors. A number of food vendors offer a wide variety of fair foods to attendees, including funnel cakes, gyros, cotton candy, milkshakes, and corn dogs. More info - \$12 per linear foot for ground service fees (front footage x depth) - 12% of concessions (food sales) - \$30 per 10-day parking permit - $250 for 100 -amp electrical service - \$45 per 10-day fair admittance pass (one is included with basic rental agreement) More info It has a food booth that requires 16 feet of front frontage and is 15 feet deep. Lunar Concessions expects to have sales averaging $6,500 per day for each of the 10 days of the fair. It has a total of three employees who will work the falr throughout the entire 10-day period. Lunar Concessions pays for each employee's fair admission and parking. Assume that the employee wages for the 10-day period are expected to total $3,490. Requirement 1. Or the fees lated in the scheoule, which fees are variable with retpoct io the number of astoment at the booth? Which foes are freas? Requirement 2. What is the projected tola foe that Lunar Conceswons wit need to pay lo The Fionse State Far assuming z meets its expecied saies levei for each of the to daye of the fair? Whratule Fea: Requirement 4. Calculale Lunar Concessions'maggin of safety both in doliars and percentage. - Matgin of tatety in dolars Step by Step Solution
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