Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Tommy is selling lemonade for $0.3 and expects to have labor costs of $0.05 per cup and material expense of $0.05 per cup. Along comes
Tommy is selling lemonade for $0.3 and expects to have labor costs of $0.05 per cup and material expense of $0.05 per cup. Along comes Mom and charges him rent for the street corner of $20. Approximately how many cups of Lemonade does he need to sell to break even?
(please round up your answer as a whole number, for example 210)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started