Question

Apps M Gmail YouTube Maps Q Economics Exam 12. BA-213-0-13360 - Managerial Accounting Homework: Chapter 07 Graded Ho...work Score: 0.86 of 5 pts 2 of 6 (6 complete) %E7-29A (similar to) The Arizona State Fair is one of the largest state fairs in the United States Click the icon for additional information about the fair.) * More Info Assume the following schedule of foes for food vendors at the Arizona State Fair Click the icon to view the schedule of foes.) It has a food booth that requires 14 feet of front frontage and is feet deep Solar Concessions expects to have sales averaging $4,500 per day for each of the 15 days of the fair. It has a total of four employees who will work the fair throughout the entire 15 day period. Solar Concessions pays for each employee's fair admission and parking. Assume that the employee wages for the 15-day period are expected to total $12 349 Freed Foed Electrical Service Employee wages Fair admission fees Ground service toes Parking permite Fived Fred Print Done] Feed Requirement 2. What is the projected total fee that Solar Concessions will need to pay to The Arizona State Far assuming it meets its expected sales love for each of the 15 $ 12,150 More info -X $ Variable Concession fees Feed For Ground service fees Parking permit fees Electrical service For admisiones Total Fixed Fee 15 2 • $11 porno foot for ground service foes ont lootage x depth • 10% of concessions (food sales) • 565 per 15-day parking permit 524 for 100 ampelectrical service • $55 per 15 day for admittance pass (one is included with basic rental Total Feet The State Fair 43 PM 5/2000 Choose from any ist enter any number in the input this and then click Ch Print Done 3. Clear All Prison Home NP о E K

Answer 1

Refer the below images for the above mentioned questions, in a detailed way of solution.

Solution. Requirement ② : What is the solar concessions will need to assuming it meets expected days of the far 2 . projected pay to the Sates level total fee that Arizona state for for each of the 15 Amoont particulars Variable fee: concession fees (a) & 12150 Fixed fee : Ground paricing service permit fees. fees in 1386 $260 electrical seyrice (2) 100 amp • employee (1) 1240 $165 Fair admission fee - 1 employee (. included Total pixed fee fee :($12150 Variable + $2051 fixed) $ 14201 Toral Workings: (a) concession fees : 5184. concession x Soles ($ 4.500 perday & 15 days) - $ 12150 (b) Ground service fees : - [$ * linear feet (front footage x depth)] = [sux tinear feet (14x9')] : $ 1386 (c) paricing permit fees : = [$65 4 #ot permits (4)] = 260 employees (2) 100 amp electrical Service = $240 (liven in problem).

(e) Fair admission [$55 * fee : Cl employee included) (4 employees a l employee)] = $165