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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: Regular Coffee
Rio Coffee Shoppe sells two coffee drinks, a regular coffee and a latte. The two drinks have the following prices and cost characteristics: Regular Coffee 1.80 0.60 Latte Sales price (per cup) Variable costs (per cup) 2.90 1.40 The monthly fixed costs at Rio are $8,820. Based on experience, the manager at Rio knows that the store sells 80 percent regular coffee and 20 percent lattes Required: How many cups regular coffee and lattes must Rio sell every month to even? ea Break-even Sales in Units Regular coffee Lattes
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