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The following is from a managerial accounting class. Exercise 2-4 Fixed and Variable Cost Behavior [L02-4] Espresso Express operates a number of espresso coffee stands

The following is from a managerial accounting class.

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Exercise 2-4 Fixed and Variable Cost Behavior [L02-4] Espresso Express operates a number of espresso coffee stands in busy suburban malls. The xed weekly expense of a coffee stand is $2,300 and the variable cost per cup of coffee served is $0.84. 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.) 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? A Increase Decrease Remain the same

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