Bene Petit

First Year Operating Data:

$\backslash$table$[[,$single $(1$ serving$),$Dual $(2$ servings$),$Fandly $(4$ servings$),$Total$],[$Customer Meals Sold,$3,000,5,000,12,000,2$e$,090],[$Total Customer Servings,$3,009,10,009,48,600,61,009],[$Customer Orders $($Average $=4$ meals per order$),750,1,250,3,0$e$9,5,0$ee$],[$Number of Donated Meals $(1$ per customer meal$),3,000,5,090,12,009,20,609],[$Number of Donated Deliveries $(500$ acals per delivery$),6,10,24,40]]$

Additional information about selling prices, variable costs, and foxed costs is summarized below:

The average sales price for customer meals is $$5$ per serving.

The average direct materials $($ingredients$)$ cost of customer meals is $$1$ per serving.

Direct labor costs average $$0\mathrm{.}75$ per customer meal.

Variable manufacturing overhead costs are applied at a rate equal to $60\%$ of direct labor.

The delivery expense for customer meals is $$2$ per customer order.

The incremental cost of producing the donated meals is $$125$ per meat.

The delivery expense for donated meals is $$125$ per delivery to community partners.

The following fixed costs are allocated to customer meals based on total sales revenue:

Fixed manufacturing overhead costs are $$75,000$ per year.

Fixed selling expenses are $$29,000$ per year.

Fixed administrative expenses are $$40,000$ per year.

The attached excel file shows a contribution margin income statement based on these starting assumptions.

You should return to this starting spreadsheet for each part of the case below.If Bene Petit wants to increase net operating income to $$121,400$ by changing only the selling price per serving. what should the new price be$?$

$\backslash$table$[[$New price,per serving$]]$