y endly na locally owned specialty food product company in Northeast Ohio that has been in exitence for over 30 years. Its products include flavored coffees and teas, dips dressings, sauces, and seasonings Click the icon to view additional Information) Each of the shows that Cooley's attends has a different booth rental fee Booth rental fees can range from 5850 to $4,000 for each show. Assume that the booth rental fee at the Great Big Home + Garden Show is $3375 for the Sitteen day show and that Cooley's has an average contribution margin ratio of 25% on is products Read the recements Requirement 1. How much in sales does Cooley's need to break even on the Great Big Home Garden Show, assuming that the booth rental fee is the only fed cost of the show Identify the formula and then compare the breakaven point in dollars. (Complete all aww bones. Enter a *o* for any zero amounts Enter vattos, Wany, as a decided to two places, XXX) Breakeveses in dollars Requirement. The Great Big Home Garden Show runs for the days. How much on average, must Cooley's selleach day of the show to break even Cooley's must each day to break even Requirements. Asume that 200,000 people at the home and garden show each year advenly how the day period of the attende purchase om Coolest the show.how much each customer purchase from Cools for the company to take even on the booth rental Cooley'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, dressing, sauces, and seasonings. Click the icon to view additional information) Each of the shows that Cooley's attends has a different booth rental foo Booth rental fees can range from $850 to $4.000 for each show. Assume that the booth rental fee at the Great Big Home Garden Show is $3.375 for the fifteen day show and that Cooley's has an average contribution margin ratio of 25% on its products, Read the requirements Requirement 2. The Great Big Home + Garden Show runs for the days. How much, on average, must Cooley's so each day of the show to break even? Cooley's most soli each day to break even Requirement 3. A some that 200.000 people visit the home and garden show each year spread evenly throughout the fifteen day period i 1% of the attendees purchase from Cooley's at the show how much must ench customer purchase from Cooley's for the company to break even on the booth rental fee? Identity the formula and then compute the purchase amount needed par customer Round your wo to the news centy Purchase ani por customer Requirement. Anme now that Cooleys wants to make a target profit of $6.500 for the Great Big Home Garden Show What sales volume will allow Cooley's to achieve this target pro Com cho the large prote More info . 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 Cooley's booth is always packed. Shows that Cooley'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. Cooley's also sells its products online via its website Requirements 1. How much in sales does Cooley'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 fifteen days. How much, on average, must Cooley's sell each day of the show to break even? 3. Assume that 200,000 people visit the home and garden show each year spread evenly throughout the fifteen-day period. If 1% of the attendees purchase from Cooley's at the show, how much must each customer purchase from Cooley's for the company to break even on the booth rental fee? 4. Assume now that Cooley's wants to make a target profit of $6,500 for the Great Big Home + Garden Show. What sales volume will allow Cooley's to achieve this target profit? Print Done