Question: I need help with the averaging step. Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of

I need help with the averaging step.

Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $700 and the variable cost per cup of coffee served is $0.49. 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.) Cups of Coffee Served in a Week 1,500 1,600 1,700 Fixed cost $ 700 $ 700 $ 700 Variable cost 735 784 833 Total cost $ 1,435 $ 1,484 $ 1,533 Average cost per cup of coffee served

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