BizCafe Simulation 1
Rent is $2,000 per month and is due on the first of each month. A. True B. False
A. False
Servers work approximately 10 hours each week. A. True B. False
A. True
Approximately how many medium cups of coffee will one pound of coffee beans make? A. 12 B. 32 C. 56 D. None of these
B. 32
If your fixed costs are $1,000, your variable cost per unit is $1, and your selling price is $3 per unit, what is your breakeven number of units? A. 1,000 B. 500 C. 333 D. 2
B. 500
Deposits are made into your checking account once each week. A. True B. False
B. False
Furniture is depreciated over 5 years, so if your furniture costs $2,000, your monthly depreciation will be $400. A. True B. False
B. False
If you do not hire servers they will be hired automatically. A. True B. False
B. False
Offering 2 for 1 coupons will result in the same amount of revenues for the week as not offering coupons because you don't count the free cups. A. True B. False
B. False
If advertising on the radio costs $40 per spot and you run 5 spots per day, your weekly cost for radio advertising will be: A. $40 B. $200 C. $1,400 D. $3,000
C. $1,400
The high capacity espresso maker versus the standard maker has the potential of increasing your cups served by what percent? A. 30% B. 60% C. 100% D. 160%
D. 160%