Question: (Please round your answer to the nearest cent) Demand for your coffee product is strong and you want to analyze some of your financials in
(Please round your answer to the nearest cent)
Demand for your coffee product is strong and you want to analyze some of your financials in order to make decisions for the future.
The average price customers are willing to pay for each cup of your coffee is $6. Your fixed costs are $5,000 (real estate taxes, interest on loan, insurance, etc.).
The unit variable cost for one of your cups of coffee is $1 (labor, cups, beans, whipped cream, etc.). Calculate the Breakeven Point Quantity based on the information above.
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