Question: Please provide formula and answer on how to find the annual contribution per customer. Thank you! Customer-Level Planning 7-Eleven operates a number of convenience stores

Please provide formula and answer on how to find the annual contributionPlease provide formula and answer on how to find the annual contribution per customer. Thank you!

Customer-Level Planning 7-Eleven operates a number of convenience stores worldwide. Assume that an analysis of operating costs, customer sales, and customer patronage reveals the following: $100,000/year 0.80 Fixed costs per store Variable cost ratio Average sale per customer visit Average customer visits per week Customers as portion of city population $19.00 1.50 0.05 Determine the city population required for a single 7-Eleven to earn an annual profit of $40,000. Round annual contribution per customer to two decimal places. For customers required for desired profit and required population, round up to the nearest whole number (i.e., 325.333 customers = 326) $ 3.8 x Annual contribution per customer Customers required for desired profit Required population 473 9,447

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