Question: Exercise 1.4 (Algo) Fixed and Variable Cost Behavior [LO1-4] Espresso Express operates a number of espresso coflee stands in busy suburban malis. The fived weeky

Exercise 1.4 (Algo) Fixed and Variable Cost Behavior [LO1-4] Espresso Express operates a number of espresso coflee stands in busy suburban malis. The fived weeky expense of a cotfee stand is $1,300 and the variable cost per cup of cotfee served is sot8 Required: 1. Fil in the following table with your estimates of the company's total cost and average cost per cup of cotfee at the indicated levels of activity. 2. Does the average cost per cup of cotlee served increase, docrease, or rembin the same as the number of cups of cotfce served in a weckincteases? Complete this question by entering your anawers in the tabs below. Fa in the following tasile with your estimates of the companrs total cost and averege cost per cup of coffec at the ingeated levels of activity. (Round the "Avernge cost per cup of colfee served" to 3 decimal ploces) Exercise 1-4 (Algo) Fixed and Variable Cost Behavior [LO1-4] Espresso Express operates a number of espresso coffec stands in busy suburban malla. The fixed weekly expense of a coffoe stand \& 51300 and the yaniable cost pet cup of coffee served is $018. Required: 1. Fill in the following toble with your estimates of the companys total cost and werage cost per cup of coffee at the indicated levels of acthily. 2. Doos the everage cost pet cup of cotfee served incroase, decreose, or remain the same as the number of cups of caliee served in a woek increases? Complete this question by entering your answers in the tabs below. Does the average cost per cup of coffee served incresse, decrease, or remain the same as the number of cups of coffee. served in a wesk increases
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