Question: A small tea & coffee shop is planning to add a blueberry scone to its menu. Related fixed annual costs are estimated at $ 3

A small tea & coffee shop is planning to add a blueberry scone to its menu. Related fixed annual costs are estimated at $3,100 and variable costs are estimated at $2.4 per scone. The shop wants to break even if 1,750 blueberry scones are sold per year. What price should they set for the blueberry scone?
Round final answer to one decimal place (e.g.,31.7).
Enter only a number in the answer box (do NOT enter text or $ or commas, etc.)
Your Answer:
 A small tea & coffee shop is planning to add a

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 General Management Questions!