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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 $1,900 and the
| Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $1,900 and the variable cost per cup of coffee served is $0.81. |
| Required: | |
| 1. | 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 the Average cost per cup of coffee served to 3 decimal places.) |
| Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $1,900 and the variable cost per cup of coffee served is $0.81. |
| cups of | coffee served | in a week | |
| 2300 | 2400 | 2500 | |
| fixed cost | |||
| variable cost | |||
| total cost | |||
| average cost per cup of coffee served |
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