Exercise 1-4 Fixed and Variable Cost Behavior [LO1-4] Espresso Express operates a number of espresso coffee stands in busy suburban malls The fced weekly expense of a coffee stand is $600 and the variable cost per cup of coffee served is S0 29 Required: 1. Fil 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 cofflee served to 3 decimal places.) Cups of Coffee Served in a Week 1,400 1,500 Foxed cost Variable cost Total cost Average cost per cup of coffee 0 S served 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? O Increase O Decrease O Remain the same References Expanded table Exercise 1-4 Fixed and Variable Cost Behavior [L01-4