3 Data (all from Part 1 except for new selling price and syrup cost) 4 Selling price per large Snowie 5.00 0.20 0.02 0.08 0.01 t W 6 loe per Snowie 7 Spoon straw (need one per Snowie 8 Styrofoam cup (need one per Snowie) 9 Napkin (need two per Snowie) 10 Servings per gallon of syrup 11 Cost per gallon of syrup includes concentrate, preservative, and sugar) 12 Hourly rate for workers 13 Event registration fee per day 14 Electricity, insurance, maintenance, and permit costs per month 15 Kiosk rental cost per month 16 Purchase cost of twoice shavers (5 year life) 17 Purchase cost of a flavor station (5-year life) W W + V 8.00 new cos 10.00 25.00 250.00 650.00 3.180.00 1,080.00 19 Requiremen 20 21 1. Assumptions (to be filled in): 22 a. Number of days you anticipate opening the kiosk per month 23 b. Number of hours you will work (no wages required) per day 24 c. Number of hours you will pay an employee to work in the kiosk per day 25 d. Number of Snowies you estimate you will sell on an average day 30 Days 8 hrs. 8 hrs. 100 average day 2. Prepare a budgeted contribution margin income statement for one month using the data given in Part 1 and the assumptions that you listed in Part 3. Provide a separate line for each variable cost and for each fixed cost. 3. What other factors should you consider before deciding to start a Snowie business? 3 Data (all from Part 1 except for new selling price and syrup cost) 4 Selling price per large Snowie 5.00 0.20 0.02 0.08 0.01 t W 6 loe per Snowie 7 Spoon straw (need one per Snowie 8 Styrofoam cup (need one per Snowie) 9 Napkin (need two per Snowie) 10 Servings per gallon of syrup 11 Cost per gallon of syrup includes concentrate, preservative, and sugar) 12 Hourly rate for workers 13 Event registration fee per day 14 Electricity, insurance, maintenance, and permit costs per month 15 Kiosk rental cost per month 16 Purchase cost of twoice shavers (5 year life) 17 Purchase cost of a flavor station (5-year life) W W + V 8.00 new cos 10.00 25.00 250.00 650.00 3.180.00 1,080.00 19 Requiremen 20 21 1. Assumptions (to be filled in): 22 a. Number of days you anticipate opening the kiosk per month 23 b. Number of hours you will work (no wages required) per day 24 c. Number of hours you will pay an employee to work in the kiosk per day 25 d. Number of Snowies you estimate you will sell on an average day 30 Days 8 hrs. 8 hrs. 100 average day 2. Prepare a budgeted contribution margin income statement for one month using the data given in Part 1 and the assumptions that you listed in Part 3. Provide a separate line for each variable cost and for each fixed cost. 3. What other factors should you consider before deciding to start a Snowie business