please answer all parts of the question within 30 minutes with detailed explanation. Make sure the answers are in detailed manner for better understanding. Else i will give negative ratings. Can you identify your fixed costs and your variablecosts? Please, answer the following based on thebreak-even point.1) Find the break-even units if fixed costs are$12,000 and you are selling coffee at $3.60 with acost of $0.40 per cup.2) Using the same fixed and variable costs as inquestion 1, what is the new breakeven point?equilibrium if the price is reduced to $2.90?3) Using the same fixed and variable costs fromquestion 1, what is the break-even price if youproject that you will sell 3,000 cups of coffee?4) How does knowing break-even units help youwith other decisions? (four-five sentences).

Breakeven point is that level of sales at which there is no profit no loss. In other words at…

Answered: please answer all parts of the question…

please answer all parts of the question within 30 minutes with detailed explanation. Make sure the answers are in detailed manner for better understanding. Else i will give negative ratings.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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