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Boswell's Beanery is a locally owned specialty food product company in Northeast Ohio that has been in existence for over 30 years. Its products include flavored coffees and teas, dips, dressings, sauces, and seasonings. Each of the shows that Boswell's attends has a different booth rental fee. Booth rental fees can range from $350 to $5,000 fo each show. Assume that the booth rental fee at the Great Big Home + Garden Show is $4,200 for the ten-day show and that Boswell's has an average contribution margin ratio of 40% on its products. Read the requirements (Click the icon to view additional information.) C. Requirement 1. How much in sales does Boswell'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 Operating income ) - Contribution margin per unit Fixed expenses 4200 ) - 40 Requirement 2. The Great Big Home + Garden Show runs for ten days. How much, on average, must Boswell's sell each day of the show to break even? Boswell's must sell each day to break even. Requirement 3. Assume that 100,000 people visit the home and garden show each year spread evenly throughout the ten-day period. If 5% of the attendees purchase from Boswell's at the show, how much must each customer purchase from Boswell's for the company to break even on the booth rental fee? Identify the formula and then compute the purchase amount needed per customer. (Round your answer to the nearest cent.) Purchase amount per customer Requirement 4. Assume now that Boswell's wants to make a target profit of $4,000 for the Great Big Home + Garden Show. What sales volume will allow Boswell's to achieve this target profit? Boswell's sales volume must be to achieve the target profit