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Check my work 2 Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand
Check my work 2 Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $1,200 and the variable cost per cup of coffee served is $0.22. 10 points 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? eBook Hint Print Complete this question by entering your answers in the tabs below. References 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.) $ $ Fixed cost Variable cost Total cost Cups of Coffee Served in a Week 2,000 2,100 2,200 400 462 $ 484 1,640 1,662 1,684 2,040 $ 2,124 $ 2.168 0.820 $ 0.790 $ 0.770 $ Average cost per cup of coffee served $ Required 1 Required 2 >
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