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Stasis House (Stasis) sells souvenir items at university sporting events for $24 each. The souvenir items cost $16 each. Stasis is negotiating with the university
Stasis House ("Stasis") sells souvenir items at university sporting events for $24 each. The souvenir items cost $16 each. Stasis is negotiating with the university administration to sell the items in a kiosk in the university student center. Three rental arrangements are under consideration: Option 1: Pay rent of $2,000 Option 2: Pay rent of $1,200 plus 10% of revenue Option 3: Pay the university 25% of revenue Stasis estimates that it will be able to sell 300 souvenir items during the period. Required: Compute the break-even point in units for each of the three options. Assuming Stasis reaches its sales target, which option should be chosen
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