The Wyoming State Fair is one of the largest state fairs in the United States click the icon for additional information about the for) Assidime the following schedule of foes for food vendors at the Wyoming State Fair click the icon to view the schedule of fees) Nova Concessions is a vendor at the fait. Click the icon to view noditional information about Nova Concessions) Read the requirements Requirement 1 of the toes listed in the schedule, which fees are variable with respect to the number of customers at the booth? Which fees we fixed? Fed Fixed Vanable Concession fees Electrical service Employee was Far admission fees Ground service fees Parking permites Requirement 2 What is the projected total tee that Nova Concessions wil need to pay to The Wyoming State Far assumingil moet to expected sales tevel for each of the 15 days of the fair Variable Fred Food Bengue fees for food vendors at the Wvomino State Fair Read the rouirements Requirement 2. What is the projected total for that Nova Concessions will need to pay fo The Wyoming State Far assuming it meets its expected sales level for each of the 15 days of the Variable Fee Faede Total Fixed E Total Foto The Wyoming State Far Requirement 3. Assume that variable costs are 60% of sales revenue (This 60% Includes the 16% concession to charged by The Wyoming State Fair) How much in total sales rovence is needed for Nova Concessions to break even? Identify the formula and then compute the breakeven point in dollar (Complete all input rods. Entero" for any zero amounts. Enter ratios any, as a decimal to no places XXX) - Breakevensalos in dollar Requirement 4 Calculate Nova Concessions margin of safety both in dollars and percentage Requirement 4. Calculate Nova Concessions' margin of safety both in dollars and percentage First calculate Nova Concessions' margin of safety in dollars. Identify the formula, then enter the amounts to calculate the margin of safety in dollars Margin of natoly in dollars Now calculate the margin of safety as a percentage. Idently the formula, then enter the amounts to calculate the margin of safety as a percentage (Hound your answer to the nearest benth percent. XX%) Margin of safety as a percentage of sales More Info More Info S9 per linear foot for ground service fees (front footage x depth) 16% of concessions (food sales) $30 por 15-day parking permit $300 for 100-amp electrical service $55 per 15-day fair admittance pass (one is included with basierental agreement) It has a food booth that requires 12 feet of front frontage and is 8 foot deep Nova Concessions expects to have sales averaging $3,000 per day for each of the 15 days of the fair. It has a total of three employees who will work the fair throughout the entire 15-day period. Nova Concessions pays for each employee's fair admission and parking. Assume that the employee wages for the 15-day period are expected to total $12.236 Print Print Done Done