Compresso Espresso is the name of the coffee shop you intend to start that will cater to the public's demand for expensive coffee beverages. Breakeven analysis will help you evaluate this opportunity. Here are lists of fxed and variable costs estimated Fixed costs (per month) Rent WiEi connection Variable Costs (per 12 oz Latte) milk Espresso Espresso machine S 100 $0.450 800 60 200 200 4050 50 Total fixed S 5460 Total $1.675 Insurances Two employees Business licenses 1. A 12 0z 9n8. shot Late is currently priced $3.39. Using the above data and this price, what is the breakeven number of drinks monthly? 2. Thinking about your opportunity costs, you add $1000 a month as your "draw from the business. Now what will the breakeven quantity need to be? 3. What total sales dollars do 4000 drinks a month represent? 4. You planned to pay your employees $7 50 per hour each in the original estimates. However you believe the minimum wage will increase to $10.00 per hour This would make the monthly cost of your two employees total $5400. Assuming you still want to take $1000 a month out for yourself, what would the breakeven quantity be with a $10.00 per hour minimum wage? 5. Alas, you believe you can sell only 4000 drinks per month. Therefore, to pay the $10.00 per hour and keop your $1000 monthly draw, what do you need to increase the price of a 12 oz Latte to? 6 Assume that you sell 4300 Lattes per month at $3 63 each, that you keep your $1000 per month draw and that at the $10 00 per hour wage rate, your two employees will cost you $5400 a month. What will your DOL be (show work details) bean.coop Agri 2, 2016