Priya just started a business and is not sure how many units she needs to sell to

Fantastic news! We've Found the answer you've been seeking!

Question:

Priya just started a business and is not sure how many units she needs to sell to earn a 30% profit margin. She currently makes coffee with coffee beans costing $0.50/coffee cup ordered. Rent for her sweets and coffee shop costs $1200.00/month and she currently charges $2.50 per cup of coffee. How many units does Priya need to sell to realize a 30% profit margin? What is the $ profit for that month

Posted Date: May 18, 2024 02:04 PM

See More Questions

The HaberBosch process for the production of ammonia is one of the key industrial processes in developed countries. N 2 (g) + 3 H 2 (g) 2 NH 3 (g) (a) Calculate r G for the reaction at 298 K, 800...
By now you should be familiar with the various tools that can be used for planning, controlling, scheduling, and directing project activities. Table 1511 contains a partial list of such tools and how...
What is a chart of accounts?
Veering off the mission is one of the key challenges in the boardroom. Why is mission focus so essential to an organization?
A policy analyst is attempting to determine which mechanisms are most effective in resolving problems brought by citizens to local government. The analyst has broken down the mechanisms into two...
Using the Golden Rule as mentioned in the blog as a foundation for discussion, share two examples where one might have to compromise the Golden Rule.
Diode 2 is a flyback diode used to protect the circuit from high coltage spikes generated by the relay coil. What role does diode 1 play in this circuit
Discuss the weaknesses of break-even analysis.
How can accounting firms overcome the dangers associated with interrelated aspects of the audit being completed in isolation?
Demonstrate the way in which marginal analysis can be used when making short-term decisions.
Understatement tests are usually difficult to design because of the problems of identifying an appropriate reciprocal population. This is demonstrated in the audit of sales. Should auditors abandon...
In Exercises 11 and 12, (a) find the quartiles, (b) find the interquartile range, and (c) identify any outliers. 22 25 22 24 20 24 19 22 29 21 21 20 23 25 23 23 21 25 23 22
Each of the following activities could be performed by an independent auditor. Select whether generally accepted government auditing standards deem each activity Acceptable (A), Prohibited (P), or...
Explain the regulation of the secretions of the small intestine.
Define flowcharting.
Flowchart symbols represent what aspect of a system?
List and draw the basic flowchart symbols.

Priya just started a business and is not sure how many units she needs to sell to

Question:

Expert Answer:

Students also viewed these general management questions