I NEED HELP WITH QUESTIONS 6 and 7! Would not mind having someone look over the rest. I need help with 6 and 7 though. thank you. 1. Specify your assumption about the following items:

a. Number of days you anticipate opening the Snowie kiosk per month __26__

b. Number of hours you will work (no wages required) per day __6__

c. Number of hours you will pay an employee to work in the Snowie kiosk per day __6__

2. The cost of syrup is a variable cost with respect to the number of Snowies sold. Thus, the amount of syrup utilized varies depending on the number of Snowies that are sold.

Since there are 26 servings per gallon of syrup and the cost per gallon of syrup is $4.45, then the cost of syrup per Snowie is $0.17.

$4.45 / 26 = $0.17

3. Is the cost of the worker attending the kiosk a variable or fixed cost with respect to the number of Snowies sold? The cost of the worker attending the kiosk is fixed. The cost of the worker will not vary, regardless of the amount of Snowies sold.

The cost of the worker's wages per day is:

6 Hours * $11.00 = $66.00

The cost of the worker's wages per month is:

6 Hours * $11.00 * 26 Days = $1,716

4. What is the total variable cost per Snowie (per cup)? The variable cost is equal to the sum of all variable costs including; the price of the ice per unit, the price of one spoon straw, the price of one styrofoam cup, the price of two napkins, and the price of the syrup used per unit.

The total variable cost per unit is:

$0.15+$0.02+$0.10+($0.01*2)+$0.17 = $0.46

5. What is the total fixed cost per month to operate the Snowie business? The total fixed cost per month includes the cost of utilities and permits per month, the cost of storage rental per month, the cost of the two ice shavers as a monthly cost, the price of the flavor station as a monthly cost, the cost of workers wages per month, and the event registration fees per month.

The total fixed cost per month to operate the business is:

$225+$200+($3,800*(1/60))+($1,225*(1/60))+$1,716+($25*26) = $2,904.75

6. Calculate the number of Snowies that you need to sell each month to break even.

7. How many Snowies must be sold to achieve an operating profit of $2,250 per month (before tax)?

Part 1: CVP Analysis for a Snowie Kiosk (related to etextbook Chapters 6 and 7) Assume that you are evaluating whether to start a Snowie 1 business. You could operate a shaved ice kiosk at fairs, downtown areas, and other outdoor events. The kiosk is portable with wheels and a hitch. It has plenty of storage place, work area, electrical outlets, lighting, and a water system. The flavored shaved ice, a "Snowie," is normally offered in three sizes. For this case, we are going to assume that only one size is offered - the large size, 20 oz. The large Snowie sells for $4.25. See Table 1 (last page) for a list of all costs related to a large size Snowie and the information needed for all three Parts of this project. In this case, use straight-line depreciation with salvage values of zero for both the ice shavers and the flavor station. All listed costs relate to the large size Snowie