What is the cm ratio for coffee klatch


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. On average, 2,100 cups are sold each month. What is the CM Ratio for Coffee Klatch?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What is the cm ratio for coffee klatch
Reference No:- TGS092438

Expected delivery within 24 Hours