Question: q2 Bubba is considering seling Bubble Tea at the mall it would cost him $557 himonth to rent a cart He can sell these drinks
Bubba is considering seling Bubble Tea at the mall it would cost him $557 himonth to rent a cart He can sell these drinks for $5.50 aach. He expects to sell around 1000 drinks each month and would lke to have a decent profit. He is attempting to negotiate with his ingredient supplier to gat his variable costs lower. What would his variable cost have to be to support Bubba making $3000 in monthly profits? Express your answer to 2 decimal places (Le. to the nearest penny) and do not put the $ in your answer, as that confuses iLearn
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
