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EXERCISE 1 - 4 Fixed and Variable Cost Behavior LO 1 - 4 Espresso Express operates a number of espresso coffee stands in busy suburban
EXERCISE Fixed and Variable Cost Behavior LO
Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $ and the variable cost per cup of coffee served is $
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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 off the average cost per cup of coffee to the nearest tenth of a cent.
tableCups of Coffee Served in a Week
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