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ignment Results -Internet Explorer Acsignment Resu/ts tpx?todo Edt Yew Favonites Tools Hep 4 Award 10.03 out of 12.50 points Exercise 1-4 Fixed and Variable Cost
ignment Results -Internet Explorer Acsignment Resu/ts tpx?todo Edt Yew Favonites Tools Hep 4 Award 10.03 out of 12.50 points Exercise 1-4 Fixed and Variable Cost Behavior [LO1-4] Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $1,200 and the variable cost per cup of coffee served is $0.22 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.) Cups of Coffee Served in a Week 2,200 s 1.200 s 1,200s 1.200 2,000 ,100 Fixed cost Variable cost Total cost served 440 | 462 1,662 4840. S 1,640 1,684 0820 0.800 0770 cost per cup of coffee 0800 is 0770 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? Decrease Hints eBook &Resources Hint#1 References Expanded table Difficulty 1 Easy
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