Lemonade Stand

Item Cost

Lemons $$\mathrm{.}05/$cup

Sugar $$.\frac{10}{?}$ cup

Water $$\mathrm{.}05/$cup

Ice $$.\frac{03}{c}up$

Cups $$\mathrm{.}02/$cup

Sign $$30\mathrm{.}00$

Stand $$50\mathrm{.}00$

If you price the lemonade at $$1\mathrm{.}00$ per cup, what is your Breakeven Point?

For the Lemonade Stand example above, fill out the income statements for the three scenarios below:

$30$ cups sold Breakeven Point $($from $200$ cups sold previous problem$)$

Revenue

COGS

Gross Profit

Fixed Costs

Net Profit