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Exercise 1-4 (Algo) Fixed and Variable Cost Behavior (L01-4) Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly

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Exercise 1-4 (Algo) Fixed and Variable Cost Behavior (L01-4) Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $900 and the variable cost per cup of coffee served is $0.80 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? 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.) 600 Cups of Coffee 700 Cups of Coffee 800 Cups of Coffee Fixed cost Vanable cost Total cost Average cost per cup of coffee served S 0 $ 0 $ 0 Required 2 > Exercise 1-4 (Algo) Fixed and Variable Cost Behavior (1.01-4) Espresso Express operates a number of espresso coffee stands in busy suburban malls. The food weekly expense of a coffee stand is $900 and the variable cost per cup of coffee served is $0.80 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 Santie as the number of cups of coffee served in a week increases? Complete this question by entering your answers in the tabs below. Required: 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.) 600 Cups of Coffee 700 Cups of Coffee 800 Cups of Coffee Fixed cost Variable cost Total cost Average cost per cup of coffee served $ 0 S 0 0 $

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