Could you please help me solve this on excel with excel formulas? Samantha Kelly, a student at OU, plans to open a barbegue stand inside OU's Milam stadiumduring home games. There are seven home games scheduled for the upcoming season. Thefootball season is 14 weeks or 98 days long. She must pay the OU athletic department avendor's fee of $3,000 for the season. Her stand and other equipment will cost her $2,500 forthe season. She estimates that each chopped beef brisket sandwich she sells will cost her$1.75. She has talked to friends at other universities who sell food at games. Based on theirinformation and the athletic department's forecast that each game will sell out, she anticipatesthat she will sell approximately 675 chopped beef brisket sandwiches during each game.A) What price should she charge for a chopped beef brisket sandwich in order to break even forthe season.B) Write an analysis of your calculations and discuss what Samantha should do based on yourcalculations.

Break-even point: A point of sale where the total revenue generated by the company is equal to the…

A) What price should she charge for a chopped beef brisket sandwich in order to break even for the season. B) Write an analysis of your calculations and discuss what Samantha should do based on your calculations.

A) What price should she charge for a chopped beef brisket sandwich in order to break even for the season. B) Write an analysis of your calculations and discuss what Samantha should do based on your calculations.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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