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Pls answer the assignment below EXERCISE 1-4 Fixed and Variable Cost Behavior _ LO1-4 Espresso Express operates a number of espresso coffee stands in busy

Pls answer the assignment below

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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 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. Cups of Coffee Served in a Week 2,000 2,100 2,200 Fixed cost Variable cost Total cost Average cost per cup of coffee served 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? Explain. PROBLEM 1-24 Different Cost Classifications for Different Purposes _ LO1-1, D L01-2, C LO1-3, 2 LO1-4, Page 56 LO1-5 Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses for the month: Direct materials $69,000 Direct labor $35,000 Variable manufacturing overhead $15,000 Fixed manufacturing overhead 28,000 Total manufacturing overhead $43,000 Variable selling expense $12,000 Fixed selling expense 18,000 Total selling expense $30,000 Variable administrative expense $ 4,000 Fixed administrative expense 25,000 Total administrative expense $29,000 Required: 1. With respect to cost classifications for preparing financial statements: a. What is the total product cost? b. What is the total period cost? 2. With respect to cost classifications for assigning costs to cost objects: a. What is the total direct manufacturing cost? b. What is the total indirect manufacturing cost? 3. With respect to cost classifications for manufacturers: a. What is the total manufacturing cost? b. What is the total nonmanufacturing cost? c. What are the total conversion cost and prime cost? 4. With respect to cost classifications for predicting cost behavior: a. What is the total variable manufacturing cost? b. What is the total fixed cost for the company as a whole? c. What is the variable cost per unit produced and sold? 5. With respect to cost classifications for decision making . If Dozier had produced 1,001 units instead of 1,000 units, how much incremental manufacturing cost would it have incurred to make the additional unit

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