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What are the correct answers? F G H L M N 0 A B C E Snovies Shaved Ice Business Case Required: Please fill in
What are the correct answers?
F G H L M N 0 A B C E Snovies Shaved Ice Business Case Required: Please fill in the highlighted cells using numbers from the case and formulas when appropriate. Name: Part 1 Amount Data Selling price per large Snowie $ 4.00 $ $ $ $ $ $ lce per Snowie Spoon straw (need one per Snowie) Styrofoam oup (need one per Snowie) Napkin (need two per Snowie) Servings per gallon of syrup Cost per gallon of syrup (includes concentrate, preservative, and sugar) Hourly rate for workers Event registration fee per day Electricity, insurance, maintenance, and permit costs per month Kiosk rental cost per month (12-month lease) Purchase cost of twoice shavers (5-year life) Purchase cost of a flavor station (5-year life) 0.20 0.02 0.08 0.01 28 4.25 10.00 25.00 250.00 650.00 3,180.00 1,080.00 $ $ $ $ $ $ Requirements 1. Assumptions (to be filled in): a. Number of days you anticipate opening the kiosk per month b. Number of hours you will work (no wages required) per day c. Number of hours you will pay an employee to work in the kiosk per day 20 6 8 2. Cost of syrup per Snovie: Syrup cost per Snowie (Cost per gallon/ Servings per gallon of syrup) B E Part 2 Data (all from Part 1 except for new selling price and cup cost) Selling price per large Snowie $ 3.00 Ice per Snowie Spoon straw (need one per Snowie) Styrofoam cup (need one per Snowie) Napkin (need two per Snowie) Syrup cost per Snowie (from Part 1, Question 2) Total variable cost per Snowie S S S $ S 0.20 0.02 0.08 0.01 0.15 0.46 $ Sales revenue from Octoberfest (200 Snowies sold) Variable costs for Octoberfest Total contribution margin-Octoberfest $ $ S 600.00 76.00 524.00 Should Snowie accept the special price offer? (Yes or No to the next cell) Yes A B Part 3 Data (all from Part 1 except for new selling price and syrup cost) Selling price per large Snowie $ 5.00 S S Ice per Snowie Spoon straw (need one per Snowie) Styrofoam cup (need one per Snowie) Napkin (need two per Snowie) Servings per gallon of syrup Cost per gallon of syrup (includes concentrate, preservative, and sugar) Hourly rate for workers Event registration fee per day Electricity, insurance, maintenance, and permit costs per month Kiosk rental cost per month Purchase cost of two ice shavers (5-year life) Purchase cost of a flavor station (5-year life) uuuuuuuuuu 0.20 0.02 0.08 0.01 28.00 8.00 10.00 25.00 250.00 650.00 3,180.00 1,080.00 Requirements 20 1. Assumptions a. Number of days you anticipate opening the kiosk per month b. Number of hours you will work (no wages required) per day c. Number of hours you will pay an employee to work in the kiosk per day d. Number of Snowies you estimate you will sell on an average day 6 8 69 Cost of syrup per Snowie (based on the new cost per gallon): Syrup cost per Snowie (Cost per gallon / Servings per gallon of syrup) 2. Budgeted contribution margin income statement for one monthStep by Step Solution
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