Samantha Kelly, a student at SWOSU, plans to open a barbequestand inside SWOSU’s Milam...

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Accounting

Samantha Kelly, a student at SWOSU, plans to open a barbequestand inside SWOSU’s Milam stadium during home games. There areseven home games scheduled for the upcoming season. The footballseason is 14 weeks or 98 days long. She must pay the SWOSU athleticdepartment a vendor’s fee of $3,000 for the season. Her stand andother equipment will cost her $2,500 for the season. She estimatesthat each chopped beef brisket sandwich she sells will cost her$1.75. She has talked to friends at other universities who sellfood at games. Based on their information and the athleticdepartment’s forecast that each game will sell out, she anticipatesthat she will sell approximately 675 chopped beef brisketsandwiches during each game. What price should she charge for achopped beef brisket sandwich in order to break even for theseason. Write an analysis of your calculations and discuss whatSamantha should do based on your calculations.

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Sell approximately 675 chopped beef brisket sandwiches during each game There are seven home games scheduled for the upcoming season Total chopped beef brisket    See Answer
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In: AccountingSamantha Kelly, a student at SWOSU, plans to open a barbequestand inside SWOSU’s Milam stadium...Samantha Kelly, a student at SWOSU, plans to open a barbequestand inside SWOSU’s Milam stadium during home games. There areseven home games scheduled for the upcoming season. The footballseason is 14 weeks or 98 days long. She must pay the SWOSU athleticdepartment a vendor’s fee of $3,000 for the season. Her stand andother equipment will cost her $2,500 for the season. She estimatesthat each chopped beef brisket sandwich she sells will cost her$1.75. She has talked to friends at other universities who sellfood at games. Based on their information and the athleticdepartment’s forecast that each game will sell out, she anticipatesthat she will sell approximately 675 chopped beef brisketsandwiches during each game. What price should she charge for achopped beef brisket sandwich in order to break even for theseason. Write an analysis of your calculations and discuss whatSamantha should do based on your calculations.

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