Question: 4 A B C D E F Q3. Super Brews is a coffee stand in Cincinnati. The average selling price of coffee is $1.85, and

 4 A B C D E F Q3. Super Brews is

a coffee stand in Cincinnati. The average selling price of coffee is

$1.85, and the average variable expense per cup is .67 cents. The

4 A B C D E F Q3. Super Brews is a coffee stand in Cincinnati. The average selling price of coffee is $1.85, and the average variable expense per cup is .67 cents. The average fixed expense per month is $1,400. An average of 2,300 cups are sold each month. What is the CM (contribution margin) Ratio for Super Brews? 77 Calculate the CVP income statement at 2300 units. 78 (Hint: CM Ratio = Unit Contribution Magin/Unit selling price) CVP INCOME STATEMENT Units 2.300 Contribution Margin Ratio CM Unit 3 Problems Type here to search O Rt 9 AAB price of a slice of pizza is $2.50 and the average variable expense per slice is .85 cents. The average fixed expense per month is $2,400. An average of 3,250 slices of pizza are sold each What is the break-even sales in dollars and units? Complete the CVP income statement for both break even and for the 94 current monthly volume. 95 (Hint: Break-even sales Fixed expenses/CM Ratio) Units 1 Contribution Margin Ratio 102 Break Even in Units 103 FC 104 ft noc Unit 3 Problems + Ready Type here to search ORAN na w 106 Break Even in Sales Dollars FC CM% CVP Income Statement Current Volume 3,250 Break Even Units Sales Variable Costs 115 Contribution Margin Fixed Costs EBIT 116 120 Unit 3 Problems Ready Type here to search

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!