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Joe's Coffee House has the following information available for the month of July: Sales (2,500 cups) $7,500 Variable costs 3,250 Fixed costs 4,000 Net income

Joe's Coffee House has the following information available for the month of July: Sales (2,500 cups) $7,500 Variable costs 3,250 Fixed costs 4,000 Net income $250 Refer to the Joe's Coffee House information above. Each additional cup of coffee sold will increase net income by: a. $1.70 b. $3.00 c. $1.00 d. $0.57

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