Question
Rio Coffee Shoppe sells two coffee drinksa regular coffee and a latte. The two drinks have the following prices and cost characteristics: Regular Coffee Latte
Rio Coffee Shoppe sells two coffee drinksa regular coffee and a latte. The two drinks have the following prices and cost characteristics:
| Regular Coffee | Latte | |||||
| Sales price (per cup) | $ | 1.90 | $ | 2.60 | ||
| Variable costs (per cup) | 0.60 | 1.00 | ||||
The monthly fixed costs at Rio are $10,147. Based on experience, the manager at Rio knows that the store sells 70 percent regular coffee and 30 percent lattes
How many cups of regular coffee and lattes must Rio sell every month to break even?
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Internal Audit And Risk Management In Companies Assessing The Contribution Of Internal Audit To An Entitys Risk Management
Authors: Akaffou Arnaud Lucien Goley
1st Edition
6204604805, 978-6204604800
