Question: Utilizing information provide in Chapter 13, you will take the following story information and create the following . Chart that identifies Fixed Cost, Total Cost,

Utilizing information provide in Chapter 13, you will take the following story information and create the following . Chart that identifies Fixed Cost, Total Cost, Variable costs by output . Chart will include the calculation of marginal cost, average total cost, average fixed costs, and average variable cost Plotted graph of the MC, ATC, AVC, and AFC curves Grandma's Coffee is in Smalltown, USA. They have been in business for over two decades, however they feel the money at the end of the year is not as much as what they have earned. In the business world, this normally means that ownership does not have a firm understanding on their costs. Although they sell a wide-variety of products, their primary signature drink (Caf' Mocha) is what we will research from a cost perspective. For all fixed costs, you will need to ensure you break them down to weekly. Finally, this product accounts for 40% of overall sales, so we will only allocate 40% of fixed costs for this scenariO Caf Mocha Details: Target market is young adults (18-35) with an average to above average income. The product is highly desired, so it sells for $5.50 per unit The cup, lid and cardboard sleeve cost $1.00 per unit, however if the coffee store purchases more than 800 per week; then they will receive a 25% discount The water, beans and cream necessary to make the drink cost $0.30 per drink with no bulk savings discount . . . . It takes the average barista 5 minutes to complete this drink and transaction. Grandma is big into a living wage, so the average barista makes $15/hour Store Details: Building rent is $1,000 per month with utilities averaging $450 a month Store manager earns $48,000 per year in base salary with approximately $10,000 in benefits .Advertising budget is $18,000 per year Sales tax is 7% Please use the following coffee cups output intervals in your chart and graph: 0, 100, 200, 300, 400, 500, 600, 700, 800, 900, 1000, 1100, 1200
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