Below is the budget information for a boba tea shop: Cost of tea and ingredients per tea drink = $1.20 Sales price of each tea drink= $5 Utilities Total Cost = $.05 per tea drink + $500 monthly rate Other fixed costs for the month (rent, salaries, etc.): $6,000.

How many tea drinks would the company need to sell to breakeven? 

Answer rating: 100% (QA)

Breakeven quantity can be computed by using the following formula Fixed costs Sale... View the full answer