What is the break-even points for wine? manager of the St. ud Theau Company, you have decided that conthus far:ItemSoft DrinkWineCoffeeCandyession sales will support themselves. TheSelling Price$1.00$2.00$1.00$0.75Variable Cost$0.65$0.90$0.30$0.25ving table pr% of Revenue25243120the information you have been able to put togetherLast year's manager, Scott Ellis, has advised you to be sure to add 10% of variable cost as a waste allowance for all categories. You estimate labor cost to be $300.00 (5 booths with 2people each). Even if nothing is sold, your labor cost will be $300.00, so you decide to consider this a fixed cost. Booth rental, which is a contractual cost at $60.00 for each booth per night, is alsoa fixed cost.a) Based on the information available, the per night break-even point in dollars for the St. Cloud Theatre Company = $ 1138.92 (round your response to two decimal places).b) Based on the given information, the per night break-even point in servings for wine =servings (round your response to one decimal place).

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Answered: What is the break-even points for wine?

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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