Question: A coffee shop sells each coffee for average $2.50. Each coffee has an average variable cost of $1.20. The monthly fixed cost is $13,000 and
A coffee shop sells each coffee for average $2.50. Each coffee has an average variable cost of $1.20. The monthly fixed cost is $13,000 and they sell around 15,000 coffees per month. How much is the operating leverage for this business? O a. 30% O b. 1.5 O c. 3 O d. 2.5
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
