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I have been trying to figure this problem out for some time now & I am getting confused. Can someone please help me with this?
I have been trying to figure this problem out for some time now & I am getting confused. Can someone please help me with this?
Rio Coffee Shoppe sells two coffee drinks - regular coffee and a latte. The two drinks have the following prices and cost characteristics: The monthly fixed costs at Rio are $7,236. Based on experience, the manager at Rio knows that the store sells 60 percent regular coffee and 40 percent lattes. Required: How many cups of regular coffee and lattes must Rio sell every month to break even
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