Question
5. M&M Mixology has developed a new squid-ink cocktail. But they must sell it as a mocktail because Michaela and Makenzie lost their liquor license
5. M&M Mixology has developed a new squid-ink cocktail. But they must sell it as a mocktail because Michaela and Makenzie lost their liquor license for letting JohnMark sample the merchandise without proper Identification. One batch of their special recipe yields 27 gallons of the inky joyjuice. They get 13 retail drinks out of each gallon. The recipe costs them $209 to make and they sell each mocktail for $6.25. Assuming JohnMark doesnt drink up this batch, calculate the following:
a. Cost of production for retail drink:
b. break-even yield of retail drinks:
c. break-even price per retail drink:
d. at $6.25/ mocktail, what is their profit for each batch made?
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