Homework 1 Starbug shop sells only tea and soda. Starbug estimates that every time sells five cups of tea, it also sells two sodas. The budgeted cost information for Starbug's products for 2017 follows: Selling Price Product Ingredient Hourly Sales Staff Packaging Fixed Cost: Tea $ 2.50 0.50 $ 0.50 S 1.00 Soda $ 3.75 $ 0.50 $ 0.50 $ 1.25 Rent on store and equipment Marketing and advertising cost $ 5,000 $ 1,000 y cups of tea and soda must Starbug sell in order to break even assuming the sales mix of point (a), what is the contribution margin percentage of the bundle and please explain the e. Assume that Starbug decides to add sale of mufins to its product mix. The selling price for five cups of tea to two sodas, given previously? Also calculate the breakeven revenue meaning of amount you get muffins is $4.00 and related variable costs are $1.00. Assuming a sales mix of three cups of tea to two sodas to one muffin, how many units of each products does Starbug need to sell in order to break even? Also calculate the breakeven revenue