Question 4 (3 points) Renee was considering leasing space to open a small food service in...

 

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Question 4 (3 points) Renee was considering leasing space to open a small food service in a downtown office building in Halifax that would only be open from 7:00 am - 2:30 pm Monday through Friday. The menu was limited. Renee needed to determine what her break- even would be on an annual basis. She had 3 products as follows: Product Selling Price Variable Cost Annual Demand Bacon and Eggs $6.00 $3.50 3000 Egg Sandwich $8.00 $3.50 3000 Ice Cream $2.00 1.00 1000 Monthly fixed costs are 1,500. What would the annual break- even in dollars be based on the above information? Question 4 (3 points) Renee was considering leasing space to open a small food service in a downtown office building in Halifax that would only be open from 7:00 am - 2:30 pm Monday through Friday. The menu was limited. Renee needed to determine what her break- even would be on an annual basis. She had 3 products as follows: Product Selling Price Variable Cost Annual Demand Bacon and Eggs $6.00 $3.50 3000 Egg Sandwich $8.00 $3.50 3000 Ice Cream $2.00 1.00 1000 Monthly fixed costs are 1,500. What would the annual break- even in dollars be based on the above information?

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To calculate the annual breakeven point in dollars for Renees small food service business based on t... View the full answer