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Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed...

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Question

Accounting

Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $1,900 and the variable cost per cup of coffee served is $0.81.

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.)

Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $1,900 and the variable cost per cup of coffee served is $0.81.

cups of coffee served in a week
2300 2400 2500
fixed cost
variable cost
total cost
average cost per cup of coffee served

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