Exercise 2 4 Fixed and Variable Cost Behavior LO2 4 Espresso Express operates a number of espresso coffee stands in busy suburban malls The fixed weekly expense of a coffee stand is $1,000 and the variable cost per cup of coffee served is $0 33 Required 1 Fill 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 coffee served to 3 decimal places ) 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 Increase Decrease Remain the same rev 10 19 2016 QC CS 66735 Next Visit question map Question10of12Total 10 of 12 Prev

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Question: Exercise 2-4 Fixed and Variable Cost Behavior [LO2-4] Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense

Exercise 2-4 Fixed and Variable Cost Behavior [LO2-4]

Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $1,000 and the variable cost per cup of coffee served is $0.33.

Required:
1.	Fill 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 coffee served to 3 decimal places.)

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?

	Increase Decrease Remain the same

rev: 10_19_2016_QC_CS-66735

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