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Problem #3 (5 points) Heather is opening up a franchise selling ice cream. She is trying to determine how much to charge for each ice
Problem #3 (5 points) Heather is opening up a franchise selling ice cream. She is trying to determine how much to charge for each ice cream cone. Based on benchmarking data from her competition and franchise information, she anticipates that she will sell 500 ice cream cones a week. Her monthly costs include rent at $600, employee salaries of $3,500 a month, and additional overhead of $350 a month. Finally, it costs $.60 to make each ice cream. Based on this information, what price does Heather need to set for an ice cream cone in order to break-even
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