1. the manager of a store that sells coffee. Calculate the breakeven point for the following problem (2 points) Cream $.05/cup

sell the coffee for $1 per cup. Calculate the Breakeven Point for your store. Please show all work.

Costs are as follows:

Coffee beans $.20/cup

Rent $500/month

Electricity $100/month

Water $.05/cup

Cups $.10/cup

Salaries $200/month

1. Using the work from the previous problem, create an income statement for the following 3 scenarios (2 points)

	@ Breakeven Point	@1000 units sold	@3000 units sold
Revenue
Cost of Goods Sold
Gross Profit
Fixed Costs
Net Profit