Exercise 1-4 (Algo) Fixed and Variable Cost Behavior [LO1-4] Espresso Express operates a number of espresso coffee stand

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Exercise 1-4 (Algo) Fixed and Variable Cost Behavior [LO1-4]
Espresso Express operates a number of espresso coffee stands inbusy suburban malls. The fixed weekly expense of a coffee stand is$600 and the variable cost per cup of coffee served is $0.69.
Required:
1. Fill in the following table with your estimates of thecompany's total cost and average cost per cup of coffee at theindicated levels of activity.
2. Does the average cost per cup of coffee served increase,decrease, or remain the same as the number of cups of coffee servedin a week increases?
Exercise 1-4 (Algo) Fixed and Variable Cost Behavior [LO1-4] Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $600 and the variable cost per cup of coffee served is $0.69. Required: 1. Fill in the following table with your estimates of the company's total cost and average cost per cup of coffee at the indicated levels of activity. 2. Does the average cost per cup of coffee served increase, decrease, or remain the same as the number of cups of coffee served in a week increases?
ok = ces Fill in the following table with your estimates of the company's total cost and average cost per cup of coffee at levels of activity. (Round the "Average cost per cup of coffee served" to 3 decimal places.) Fixed cost Variable cost Total cost Average cost per cup of coffee served $ Cups of Coffee Served in a Week 2,500 2,400 Retired 0 0 $ 2,600 Required 2 > 0