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How many cups of regular coffee and lattes must rio sell

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Reference no: EM132465501

Rio Coffee Shoppe sells two coffee drinks-a regular coffee and a latte. The two drinks have the following prices and cost characteristics:

                                    Regular Coffee              Latte
Sales price (per cup)              $1.70                     $2.60
variable costs                        (per 0.80                1.70 cup)

The monthly fixed costs at Rio are $6,480. Based on experience, the manager at Rio knows that the store sells 80 percent regular coffee and 20 percent lanes.

Required:

Question 1: How many cups of regular coffee and lattes must Rio sell every month to break even?

Reference no: EM132465501

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