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[solution] » Q4. Coffee Cart sells a variety of hot and cold coffee beverages.

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Q4. Coffee Cart sells a variety of hot and cold coffee beverages.
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Q4. Coffee Cart sells a variety of hot and cold coffee beverages. Data for a recent month appear below:

Revenue$20,000

Costs:

Ingredients$7,800

Miscellaneous supplies (napkins, etc.)1,200

Rent1,000

Wages for part time employees3,000

Cart attendant salary 5,000

Total costs 18,000

Profit$ 2,000

Part time employees are scheduled for busy times, but are sent home as soon as volumes drop enough to warrant it.

 







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This question was answered on: Feb 21, 2020

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