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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 $2,200 and the
Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $2,200 and the variable cost per cup of coffee served is $0.32.
Required:
- 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.
- 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.
Note: Round the "Average cost per cup of coffee served" to 3 decimal places.
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