Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Part 1: You are building a lemonade stand and you need to know what your cost are: Outline all the Fixed and Variable costs and
Part 1:
You are building a lemonade stand and you need to know what your cost are:
Outline all the Fixed and Variable costs and selling price. (All up to you) Nothing is free..... Make sure you document all the costs. What is your break even?
Part 2
Using the work from above, how much do you need to sell each cup for to make a profit of $500.00
In your opinion is this a good business?
2.Calculate the number of cups you need to sell to make $10,000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started