Question 2 Wanda wants to open a health-food store. Her monthly expenses are rent $3 500 utilities of$1 000 insurance of $500 and payroll of $4 250. She estimates that her cost of goods isapproximately 65 percent of sales. Wanda would like to make $4 000 a month for herself.a. What is Wanda’s contribution margin?b. How much does she need in monthly sales to break even?c. How much does she need in monthly sales to make a profit of $4 000?d. Construct a break-even chart for Wanda’s health-food store.
