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axwell's Lemonade stand $5.00 per glass of lemonade. It costs Maxwell's $2.00 in aterials to make a cup of lemonade, plus a weekly licensing fee
axwell's Lemonade stand $5.00 per glass of lemonade. It costs Maxwell's $2.00 in aterials to make a cup of lemonade, plus a weekly licensing fee of $90.00 to his. 1. What is Maxwell's contribution margin per glass of lemonade? 2. How many glasses of lemonade does Maxwell's need to sell per week to break even? 3. For the past year, Maxwell has averaged 50 glasses of lemonade per week. How much profit is he making? 4. A competitor in Maxwell's market just started offering lemonade service for $4.50 a glass. Maxwell is feeling pressure to lower his price to $4.50 to stay competitive. If he lowers his price to $4.50, and his average unit sales continue to be 50 glasses per week, what will his profit be? 4. How many lemonades per week would Maxwell need to average to be profitable at $4.50 per glass of lemonade
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