Evan the Entrepreneur loves cold brew. So hes opening an independent coffee shop on main street selling only one variety of coffee. Hes provided the following information:

Selling Price per cup: $5.00 Variable Cost per cup: $1.48 Fixed Costs per month: $38,900

1a.They think they can sell an average of 30 cups of coffee per hour. They will be open for 12 hours per day, every day (30 days per month). So they think they can sell 10,800 cups per month. Calculate total cost per cup at a rate of 10,800 cups per month. Round your answer to the nearest dollar, two decimal places, expressed in dollars and cents. (Hint: If 10,800 cups per month is less than break even, then this could be greater than the selling price.)

1b. Evan the Entrepreneur needs $5,000 per month to meet basic personal living expenses, which will come from the business profit. How many cups of coffee will they need to sell each month to meet this target?