Question: Exercise 1-4 Fixed and Variable Cost Behavior [LO1-4] Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense

Exercise 1-4 Fixed and Variable Cost Behavior [LO1-4] Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $1,400 and the variable cost per cup of coffee served is $0.84. Required: 1. Fill in the foliowing table with your estimates of the companys total cost and average cost per cup of coffee at the indicated levels of activity, 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? Complete this question by entering your answers in the tabs below. Fit in the foliowing table with your estmates of the company's total cost and average cost per cup of coffee at the indicated levelt of actity. (Round the "Average cont per cup of coltee served to 3 decimal nlaces.) Exercise 1-4 Fixed and Variable Cost Behavior [LO1-4] Espresso Express operates a number of espresso coffee stands in busy suburban malis. The fixed weekly expense of a coffee stand is $1,400 and the variable cost per cup of coffee served is $0.84 Required: 1 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 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? Complete this question by entering your answers in the tabs below. Does the averagn cest per cup of coffee served increase, decrease, or remain the same as the number of cups of coffee lerved in a week increases? lerved in a week increases
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