The Teacup Express has computed its fixed costs to be $.27 for every cup of tea it sells given annual sales of 739,000 cups. The sales price is $.99 per cup while the variable cost per cup is $.12. How many cups of tea must it sell to break even on a cash basis? Multiple choice:. 146,472 167,630 251,910 229,345 184,806

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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The Teacup Express has computed its fixed costs to be $.27 for every cup of tea it sells given annual sales of 739,000 cups. The sales price is $.99 per cup while the variable cost per cup is $.12. How many cups of tea must it sell to break even on a cash basis?

Multiple choice:.

146,472

167,630

251,910

229,345

184,806

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