Solution-Has the cafe broken even, The selling price of

Has the cafe broken even

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Problem - Norman owns a cafe. Norman's cafe sells only one type of coffee. The fixed cost of the cafe per month is $12,000. The selling price of each coffee is $4 and the variable cost per coffee is $3. In the month of April, Norman's cafe sold 3300 coffees. At the end of April, has the cafe broken even? If yes, by how much was their net operating income? If not, how much was their net operating loss? Indicate net operating loss with a negative sign.

Reference no: EM133043237

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Has the cafe broken even

Reference no: EM133043237

Reference no: EM133043237

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