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Tart Coffee is an espresso stand in Wayne State University. The average selling price of a cup of coffee is $1.29 and the average variable
Tart Coffee is an espresso stand in Wayne State University. The average selling price of a cup of coffee is $1.29 and the average variable expense per cup is $0.45. The average fixed expense per month is $1,300. An average of 1,800 cups are sold each month. What is the CM Ratio for Tart Coffee? Show in a proper Contribution Margin Schedule. Label and Highlight your answer.
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