Bridget, a college student, plans to operate a hot dog stand at the beach during the summer for three months.Her fixed costs for the booth, which include utilities, will be $2,600.Variable costs per hot dog will be $1.50 for materials and $0.40 for a franchise fee from the hot dog supplier.This year's sales are expected to be 20,000 units based upon the operation of the same booth the prior year.Bridget needs to earn $10,000 so that she can pay part of her college expenses for the coming academic year.Based on competitor's prices, her target price is $2.40
Required:
Determine whether she can expect to earn the $10,000 at the target price.

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The Answer of Bridget, a college student, plans to operate a hot dog stand at the beach during the summer for three months.Her fixed costs for the booth, which include utilities, will be $2,600.Variable costs per hot dog will be $1.50 for materials and $0.40 for a franchise fee from the hot dog supplier.This year's sales are expected to be 20,000 units based upon the operation of the same booth the prior year.Bridget needs to earn $10,000 so that she can pay part of her college expenses for the coming academic year.Based on competitor's prices, her target price is $2.40
Required:
Determine whether she can expect to earn the $10,000 at the target price.

Bridget, a College Student, Plans to Operate a Hot Dog