4. John and Lola sell water at a tennis tournament. They charge $7 per bottle....
60.1K
Verified Solution
Link Copied!
Question
Accounting
4. John and Lola sell water at a tennis tournament. They charge $7 per bottle. The cost to purchase a drink is $2 per bottle. They estimate they can sell at least 200 bottles of each game.
(I) To break even, what is the most that they can pay in fixed cost?
(ii) If they sell 300 bottles during the game, how much can they pay in fixed costs?
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.