The Coffee Club sells specialist coffee drinks from a rented cart on the beachside on the Gold
Question:
The Coffee Club sells specialist coffee drinks from a rented cart on the beachside on the Gold Coast. Provided below is a summarised version of the statement of profit or loss for July 2016.
The cost of beverages and napkins are classified as variable costs.
Required
a. Calculate the contribution margin ratio.
b. Calculate the break-even sales in dollars.
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