Do Homework - Chapter 7 Supplement - Google Chrome mathxl.com/Student/PlayerHomework.aspx?homeworkld=5889048348questionld =1&flushed=false&cld=63766248centerwin=yes BMGT 203 Anurag Regmi & | 03/07/21 5:48 PM Homework: Chapter 7 Supplement Save Score: 0 of 4 pts 7 of 7 (6 complete) HW Score: 78.95%, 15 of 19 pts Problem 7s.27 (similar to) Question Help 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 Selling Price Variable Cost % of Revenue Soft Drink $1.00 $0.60 26 Wine $1.80 $0.90 25 Coffee $1.50 $0.35 30 Candy $1.00 $0.35 19 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 $300.00 (5 booths with 3 people each). Even if nothing is sold, your labour cost will be $300.00, so you decide to consider this a fixed cost. Booth rental, which is a contractual cost at $50.00 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). Enter your answer in the answer box and then click Check Answer. part Clear All Check Answer remaining O 5:48 PM Type here to search ()) ENG 3/7/2021 19