Multiple Choice
The Coffee Express has computed its fixed costs to be $0.34 for every cup of coffee it sells given annual sales of 212,000 cups.The sales price is $1.49 per cup while the variable cost per cup is $0.63.How many cups of coffee must it sell to break-even on a cash basis?
A) 83,814
B) 96,470
C) 123,910
D) 167,630
E) 212,000
Correct Answer:
Verified
Correct Answer:
Verified
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