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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 $1,400 and
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 $0.83. 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? > Answer is complete but not entirely correct. 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.) 2,200 Cups of Coffee 2,300 Cups of Coffee 2,400 Cups of Coffee Fixed cost $ 1,400 $ 1,400 $ 1,400 Variable cost 1,188 X 1,242 x 1,296 x Total cost $ 2,588 $ 2,642 $ 2,696 Average cost per cup of coffee served $ 1.176 $ 1.149 $ 1.123 x
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