please answer within 30 minutes. As a owner of a small ice-cream shop you need to plan for stocks of different ice-creams based on the following details:ItemSelling Price (in rupees) Variable Cost (in rupees) % of Revenue*122710StrawberryButterscotch2152840Chocolate*102330Vanilla₹8#220From experience you are sure that you need to add 12% of variable cost as a waste allowance cost for all items. You estimate labour cost to be500 (5 counters with 2 people each). Even if nothing is sold, your labour cost will be 500 rupees. Counter rental, which is a contractual cost at 100rupees for each counter per day. Compute the breakeven point in rupees per day. How many Butterscotch ice creams would you expect to sell atthe BEP?

Answered: Image /qna-images/answer/a844fd2d-495a-41ee-a4aa-dbc3f8f19bf1.jpg

Answered: From experience you are sure that you…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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