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The Florida State Fair is one of the largest state fairs in the United States. (Click the icon for additional information about the fair.) Nova
The Florida State Fair is one of the largest state fairs in the United States. (Click the icon for additional information about the fair.) Nova Concessions is a vendor at the fair. (Click the icon to view additional information about Nova Concessions.) Read the requirements Assume the following schedule of fees for food vendors at the Florida State Fair: (Click the icon to view the schedule of fees.) Requirement 1. Of the fees listed in the schedule, which fees are variable with respect to the number of customers at the booth? Which fees are fixed? Fee Fixed/Variable A - More Info X A - X More Info Concession fees Electrical service Employee wages Fair admission fees Ground service fees Parking permit fees It draws nearly one million visitors over the fourteen-day period each July and August. The fair is a non-profit organization. It is self-supporting and needs, at a minimum, to break even by generating revenues through various activities. Among the sources of revenue for The Florida State Fair are the revenues generated from the food vendors. A number of food vendors offer a wide variety of fair foods to attendees, including funnel cakes, gyros, cotton candy, milkshakes, and corn dogs. $7 per linear foot for ground service fees (front footage x depth) 20% of concessions (food sales) $55 per 14-day parking permit $260 for 100-amp electrical service $55 per 14-day fair admittance pass (one is included with basic rental agreement) Print Done Print Done * More Info - X It has a food booth that requires 12 feet of front frontage and is 17 feet deep. Nova Concessions expects to have sales averaging $3,500 per day for each of the 14 days of the fair. It has a total of three employees who will work the fair throughout the entire 14-day period. Nova Concessions pays for each employee's fair admission and parking. Assume that the employee wages for the 14-day period are expected to total $5,637. Choose from any drop-down list and then click Check Answer. Print Done 4 parts 4 remaining The Florida State Fair is one of the largest state fairs in the United States. (Click the icon for additional information about the fair.) Nova Concessions is a vendor at the fair. (Click the icon to view additional information about Nova Concessions.) Read the requirements Assume the following schedule of fees for food vendors at the Florida State Fair: (Click the icon to view the schedule of fees.) Requirement 1. Of the fees listed in the schedule, which fees are variable with respect to the number of customers at the booth? Which fees are fixed? Fee Fixed/Variable A - More Info X A - X More Info Concession fees Electrical service Employee wages Fair admission fees Ground service fees Parking permit fees It draws nearly one million visitors over the fourteen-day period each July and August. The fair is a non-profit organization. It is self-supporting and needs, at a minimum, to break even by generating revenues through various activities. Among the sources of revenue for The Florida State Fair are the revenues generated from the food vendors. A number of food vendors offer a wide variety of fair foods to attendees, including funnel cakes, gyros, cotton candy, milkshakes, and corn dogs. $7 per linear foot for ground service fees (front footage x depth) 20% of concessions (food sales) $55 per 14-day parking permit $260 for 100-amp electrical service $55 per 14-day fair admittance pass (one is included with basic rental agreement) Print Done Print Done * More Info - X It has a food booth that requires 12 feet of front frontage and is 17 feet deep. Nova Concessions expects to have sales averaging $3,500 per day for each of the 14 days of the fair. It has a total of three employees who will work the fair throughout the entire 14-day period. Nova Concessions pays for each employee's fair admission and parking. Assume that the employee wages for the 14-day period are expected to total $5,637. Choose from any drop-down list and then click Check Answer. Print Done 4 parts 4 remaining
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