QUICK ONE! Breakeven = Fixed costs Contribution margin/unit Contribution Margin = selling price/unit-variable cost per unit Breakeven + target profit = Fixed costs + target profit Contribution margin/unit Tom Piper sells meat pies for $3.00 at the Tennis. The stall costs $250.00 per game to rent. Each pie costs $1.20 and sauce and mustard costs amount to an average of $0.15 per pie. Required: What is the variable cost of selling each pie?

Afirm wants to hire a project manager (pm) at a salary of $100,000. 30% of pms have high ability, and 70% of pms have low ability. high ability pms generate $120,000 in revenue and low ability pms generate $80,000 in revenue. in addition to differences in productivity, high and low ability pms have different outside offers. if a high ability pm is not hired by the firm, she can work for another company at a salary of $80,000. if the low ability pm is not hired by the firm, she can work for another company for $70,000. high ability pms are also able to get a project management professional (pmp) certification at a cost of $1,000. low ability pms are unable to get a pmp certification (they would fail the test). the firm is not able to observe a pm’s ability, but is able to observe and verify whether or not the pm has a pmp certificate.(a) draw the extensive form of the game.expert answer