The company attends a variety of craft and other shows throughout the year and sets up a booth at each show to sell its products. Free samples are offered to show attendees, and the Carney's booth is always packed. Shows that Carney's attends include the Yankee Peddler Festival in Canal Fulton, Ohio, the Great Big Home + Garden Show at the Cleveland l-X Center, and the Ohio Mart at Stan Hywet in Akron, Ohio. Carney's also sells its products online via its website. 1. How much in sales does Carney's need to break even on the Great Big Home + Garden Show, assuming that the booth rental fee is the only fixed cost of the show? 2. The Great Big Home + Garden Show runs for ten days. How much, on average, must Carney's sell each day of the show to break even? 3. Assume that 100,000 people visit the home and garden show each year spread evenly throughout the ten-day period. If 6% of the attendees purchase from Carney's at the show, how much must each customer purchase from Carney's for the company to break even on the booth rental fee? 4. Assume now that Carey's wants to make a target profit of $5,000 for the Great Big Home + Garden Show. What sales volume will allow Carney's to achieve this target profit? Carney's Beanery is a locally owned specialty food product company in Northeast Ohio that Each of the shows that Carney's attends has a different booth rental fee. Booth rental fees has been in existence for over 30 years. Its products include flavored coffees and teas, dips, can range from $600 to $6,000 for each show. Assume that the booth rental fee at the dressings, sauces, and seasonings. Great Big Home + Garden Show is $2,375 for the ten-day show and that Carney's has an average contribution margin ratio of 25% on its products. (Click the icon to view additional information.) Read the requirements Requirement 1. How much in sales does Carney's need to break even on the Great Big Home + Garden Show, assuming that the booth rental fee is the only fixed cost of the show? Identify the formula and then compute the breakeven point in dollars. (Complete all answer boxes. Enter a "0" for any zero amounts. Enter ratios, if any, as a decimal to two places, X.XX.) Breakeven sales ) + in dollars =