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Pls help Rio Coffee Shoppe sells two coffee drinks--a regular coffee and a latte. The two drinks have the following prices and cost characteristics: sales
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Rio Coffee Shoppe sells two coffee drinks--a regular coffee and a latte. The two drinks have the following prices and cost characteristics: sales price (per cup) Variable costo (per cup) Regular Coffee Latte $1.50 $ 2.50 0.60 1.00 The monthly fixed costs at Rio are $7,242. Based on experience, the manager at Rio knows that the store sells 80 percent regular coffee and 20 percent lattes. Required: How many cups of regular coffee and lattes must Rio sell every month to break even? Break-even Sales in Units Regular coffee Lattes Step by Step Solution
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