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You are considering opening up a coffee shop.  It will be a straightforward place that sells various...

You are considering opening up a coffee shop.  It will be a straightforward place that sells various brews of coffee.  But the first thing you want to understand is what the projection of net income will be under different scenarios.
To do the upfront analysis you have accumulated data on all the costs related to running a coffee shop.  These costs and sales revenue, noted below, represent all the costs you can think of based on your vision of the coffee shop.
You are the business owner, but you won't take a salary.  Your earnings will be based on how much Net Income the coffee shop makes.

Classify each cost as fixed or variable (see below)
Rent Monthly
Utilities Monthly
Insurance Annually
Water Quarterly
Coffee Making Equipment - Depreciation (based on cost of $12,000 and a 5 year life and zero salvage value) Annually
Table and Chair Rental Monthly
Laptop and Credit Card Scanner - Depreciation (based on cost of $4,800 with a 4 year useful life and zero salvage value) Annually
Barrista Salary Annually
Other Miscellaneous Costs Monthly
Business   Accounting   
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Answer #1

Classify each cost as fixed or variable (see below)
Rent Monthly Fixed
Utilities Monthly Fixed
Insurance Annually Fixed
Water Quarterly Variable
Coffee Making Equipment - Depreciation (based on cost of $12,000 and a 5 year life and zero salvage value) Annually Fixed
Table and Chair Rental Monthly Fixed
Laptop and Credit Card Scanner - Depreciation (based on cost of $4,800 with a 4 year useful life and zero salvage value) Annually Fixed
Barrista Salary Annually Fixed
Other Miscellaneous Costs Monthly Fixed
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