B) How much mixed fruit juice would you expect to sell at the break-even point?

As manager of the St. Cloud Theatre Company, you have decided that concession sales will support themselves. The following table provides the information you have been able to put together thus far: Item Variable Cost % of Revenue 26 Soft Drink Wine Coffee Candy Selling Price $1.20 $2.00 $1.50 $1.00 $0.60 $0.95 $0.30 $0.30 26 31 17 Last year's manager, Jim Freeland, has advised you to be sure to add 10% of variable cost as a waste allowance for all categories. You estimate labour cost to be $280.00 (5 booths with 3 people each). Even if nothing is sold, your labour cost will be $280.00, so you decide to consider this a fixed cost. Booth rental, which is a contractual cost at $80.00 for each booth per night, is also a fixed cost. a) What is break-even volume per evening performance? Based on the information available, the daily break-even point in dollars for the St. Cloud Theatre Company dollars (round your response to two decimal places). BEP Dollars Fixed Cost Variable Cost; * Percent Revenue; Selling Price; 1