Question: Exercise 1-4 (Algo) Fixed and Variable Cost Behavior [LO1-4] Espresso Express operates a number of esprenso coffee stands in busy suburban malls. The fixed woekly
Exercise 1-4 (Algo) Fixed and Variable Cost Behavior [LO1-4] Espresso Express operates a number of esprenso coffee stands in busy suburban malls. The fixed woekly expense of o corfee stand is $2,300 and the variable cost per cup of coffee served is $0,60. 1. Fill in the following table wath yout estimates of the company's total cost and average cost per cup of colfee at the indicated levels of Required: 2 Does the average cost per cup of coffee served increase, decreose, or temain the same as the number of cups of colfee served in a octivity week increasos? Complete this question by entering your answers in the tabs below. Fill in the following table with your estimates of the company's total cost and average cost per cup of cotfen at the indicated tevels of activity (reund the "Average con per cup of coffee served to 3 decimal places:)
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