Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed...
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Accounting
Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $2,200 and the variable cost per cup of coffee served is $0.74.
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 | 2,300 | 2,400 | |
| Fixed Cost | |||
| Variable Cost | |||
| Total Cost | 0 | 0 | 0 |
| Avg Cost per cup of coffee sold |
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?
| Increase | |
| Decrease | |
| Remain the same |
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