Question 1 (10 marks) To prepare for his university football games, Hank Maddux, the stadium manager, wants to prepare a break-even report for his next meeting with his president. Below is the data he gathered from the food service area. ITEM Selling Price/Unit Variable Cost/Unit Soft drink $2.50 $1.75 Coffee $3.00 $1.50 Hot dogs $3.00 $0.80 Hamburgers $3.50 $1.00 Misc. snacks $2.00 $0.40 The total fixed cost per game includes salaries, rental fees, and cost of the workers in the six booths. These are: Salaries: $20,000 per game Rental fees: 2,400 square feet of stadium space at $2 per square foot per game