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:Coffee shop. supplied the following details. $5 is the selling price per cup. Variable $1.39 per cup in price. Fixed monthly expenses: $43,700 REQUIRED: 1.

:Coffee shop. supplied the following details. $5 is the selling price per cup. Variable $1.39 per cup in price. Fixed monthly expenses: $43,700 REQUIRED: 1. What is their margin of contribution per cup? 2. How many cups must be sold each month for them to break even? (Round up your response to the next whole number; for example, 7,655.211 would equal 7,656.) 3. They estimate that they can sell 30 cups of cold brew on average per hour. Every day, for a total of 30 days in a month, they will be open for 12 hours. Therefore, they estimate that they can sell 10,800 cups per month. At a rate of 10,800 cups each month, compute the total cost per cup. To the nearest dollar and two decimal places, round your response as follows: Cents and bucks. (Hint: This could be higher than the selling price if 10,800 cups per month are less than break even.) 4. Evan the Entrepreneur will use $5,000 per month in business profits to cover his essential living expenses. How many coffee cups must they sell each month to reach their goal?

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