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Question 2 20 points Save Answer Heil is an espresso stand in a downtown office building. The average selling price of a cup of coffee
Question 2 20 points Save Answer Heil is an espresso stand in a downtown office building. The average selling price of a cup of coffee is $1.49 and the average variable expense per cup is $0.36. The average fixed expense per month is $1,300. An average of 2,100 cups are sold each month. (Total: 20 Points) (Please show your work). 1. What is the CM Ratio for Coffee Klatch? (5 Points) 2. What is the break-even sales in dollars? (5 Points) 3. What is the break-even sales in units? (5 Points) 4. How many cups of coffee would have to be sold to attain target profits of $2,500 per month? (5 Points) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)
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