Coffee Klatch is an espresso stand in a downtown office building. The average selling price...
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Accounting
Coffee Klatch is an espresso stand in a downtown office building. The average selling price of a cup of coffee is $1.49 and the average variable expense per cup is $0.36. The average fixed expense per month is $1,300. An average of 2,100 cups are sold each month. What is the margin of safety expressed in cups? a. 3,250 cups b. 950 cups C. 1,150 cups d. 2,100 cups
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