Exercise 1 4 Algo Fixed And Variable Cost Behavior L01 4 Espresso Express Operates A Number Of Espresso Coffee Stand 1 (37.18 KiB) Viewed 91 times
Exercise 1 4 Algo Fixed And Variable Cost Behavior L01 4 Espresso Express Operates A Number Of Espresso Coffee Stand 2 (44.42 KiB) Viewed 91 times
Exercise 1-4 (Algo) Fixed and Variable Cost Behavior (L01-4) Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $1,400 and the variable cost per cup of coffee served is $0.34 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? Complete this question by entering your answers in the tabs below. Required 1 Required 2 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. (Round the "Average cost per cup of coffee served to 3 decimal places) 1,600 Cups of Coffee 1,700 Cups of Coffee 1,600 Cups of Coffee Fixed cost Variable cost Total cost Average cost per cup of coffee served 5 05 Os CROCE Required 2 >
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 $1,400 and the variable cost per cup of coffee served is $0.34 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? Complete this question by entering your answers in the tabs below. Required 1 Required 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? increase Decrease Remain the same R < Required 1
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