1) In its second year, Bayside Coffee Shop sold 12,200 cups of drip coffee for $4...
1) In its second year, Bayside Coffee Shop sold 12,200 cups of drip coffee for $4 each and 3,340 cups of espresso coffee for $6 each. Total fixed cost was $28,000. Total variable cost was $35,000. What was total revenue equal to?______________
2) In its second year, Bayside Coffee Shop sold 12,200 cups of drip coffee for $4 each and 3,340 cups of espresso coffee for $6 each. Total fixed cost was $28,000. Total variable cost was $35,000. What was total cost equal to? ___________
Homework Answers
1)
Total Revenue = B Coffee sold * Price of coffee + Espresso Coffee* Price
=12200*4 +3340*6
= 68,840
2)
Total cost = Total Fixed Cost + Total Variable cost
= 28000 +35000
= 63000
Add Answer to:
1) In its second year, Bayside Coffee Shop sold 12,200 cups of
drip coffee for $4...
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