$1$ Exercise $1-4($Algo$)$ Fixed and Variable Cost Behavior $[$L$01-4]$

Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $$2,400$ and the variable cost per cup of coffee served is $$0\mathrm{.}34.$

$0\mathrm{.}41$

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Required:

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.

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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?

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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 the "Average cost per cup of coffee served" to $3$ decimal places.$)$

$\backslash$table$[[,\backslash$table$[[1,100$ Cups of$],[$Coffee$]],\backslash$table$[[1,200$ Cups of$],[$Coffee$]],\backslash$table$[[1,300$ Cups of$],[$Coffee$]]],[$Fixed cost$,,,],[$Variable cost$,,,],[$Total cost$],[$Average cost per cup of coffee served,,,$=$