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Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $2,100 and the
Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $2,100 and the variable cost per cup of coffee served is $.59.
Fill in the following table with your estimates of total costs and cost per cup of coffee at the indicated levels of activity for a coffee stand. (Round average cost per cup of coffee to 3 decimal places. Omit the "$" sign in your response.) |
Cups of Coffee Served in a Week | |||
1,200 | 1,300 | 1,400 | |
Fixed cost | $ | $ | $ |
Variable cost |
|
|
|
Total cost | $ | $ | $ |
Average cost per cup of coffee served | $ | $ | $ |
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