Please help me with this problem given the requirements and the data below

E7-29A (similar to) The Arizona State Fair is one of the largest state fairs in the United States. O (Click the icon for additional information about the fair) Assume the following schedule of fees for food vendors at the Arizona State Fair O (Click the icon to view the schedule of fees) Question Help Cosmic Concessions is a vendor at the fair O (Click the icon to view additional information about Cosmic Concessions.) Reed the Igguirements. Requirements Requirement 1. Ot the tees listed in the schedule, which fees ere variable with respect to the number of customers at the booth? Which fees are fixed? Fixed/Variable Concession fees Electrical service Employee wages Fair admission fees Ground service fees Parking permit fees O More Info O More Info It draws nearly one million visitors overthe fifteen-day period each July and x August The fair is a non-profit organizatiom It is self-supporting and needs, ata minimum. to break even by generating revenues through various activities. Among the sources of revenue for The Arizona State Fair are the revenues generated from the food vendors. A number of food vendors offer a Wide variety ot fair foods to attendees, including funnel cakes, gyros, cotton candy, milkshakes, and corn dogs. 2. 3. 4. x . Otthe fees listed in the schedule, which fees ere variable with respect to the number of customers at the booth? Which fees are fixed? What is the projected total fee that Cosmic Concessions Will need to pay to The Arizona State Fair assuming it meets its expected sales level for each of the 15 days of the fair? Assume that variable costs are 70% of sales revenue (This 70% includes the 18% concession fee charged by The Arizona State Fair.) How much in total sales revenue is needed for Cosmic Concessions to break even? Calculate Cosmic Concessions' margin of safety both in dollars and percentage S6 per linear foot for ground service fees (front footage x depth) 18% of concessions (food sales) S45per 15-dey parking permit S270for 100-amp electrical service S65 per 15-dey fair admittance pass (one is included with basic rental More Info It has e food booth thet requires 20 feet ot front frontage and is 1 1 feet Cosmic Concessions expects to have sales averaging S5,000 per day for each of the 15 days of the fair It has a total offive employees who Will work the fair throughout the entire 15-day period Cosmic Concessions pays for each employee's fair admission and Assume thet the employee wages for the 15-day period ere expected to total sg,g25_ agreement) Print Check Answer Done print Done