Question: PLEASE ANSWER THE FIRST QUESTION & FIX THE 2ND TWO QUESTIONS Espresso Express operates a number of espresso coffee stands in busy suburban malls. The



Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $800 and the variable cost per cup of coffee served is $0.55. 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. Required Required 2 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. (Round the "Average cost per cup of coffee served to 3 decimal places.) 1,100 Cups of Coffee 1,200 Cups of Coffee 1,300 Cups of Coffee Fixed cost Variable cost Total cost Average cost per cup of coffee served $ 0 $ os 0 Required 2 > IUMIUyu Todrick Company is a merchandiser that reported the following information based on 1,000 units sold: Sales Beginning merchandise inventory Purchases Ending merchandise inventory Fixed selling expense Fixed administrative expense Variable selling expense Variable administrative expense Contribution margin Net operating income $ 195,000 $ 13,000 $ 130,000 $ 6,500 ? $ 7,800 $ 9,750 2 $ 39,000 $ 11,700 Required: 1. Prepare a contribution format income statement. 2. Prepare a traditional format income statement 3. Calculate the selling price per unit. 4. Calculate the variable cost per unit. 5. Calculate the contribution margin per unit. 6. Which income statement format (traditional format or contribution format) would be more useful to managers in estimating operating income will change in response to changes in unit sales? Answer is not complete. Complete this question by entering your answers in the tabs below. De 1 DA Dann DO 6 Reg 1 Reg 2 Reg 3 to 5 Reg 6 Prepare a contribution format income statement. Todrick Company Contribution Format Income Statement Sales $ 195,000 Variable expenses Cost of goods sold Selling expense Administrative expense $ 136,500 9,750 9,750 156,000 Variable manufacturing overhead Contribution margin Fixed expenses Selling expense Administrative expense $ 19,500 7.800 Fixed manufacturing overhead Net operating income 27,300 $ 11,700 Roq Req2 > 5 Complete this question by entering your answers in the tabs below. Req1 Reg 2 Req 3 to 5 Reg 6 2.08 points Prepare a traditional format Income statement. S 195.000 136,500 58,500 Todrick Company Traditional Income Statement Sales Cost of goods sold Gross margin Selling and administrative expenses Fixed manufacturing overhead $ Selling expense Administrative expense Variable manufacturing overhead Net operating income 7,800 >> 9,750 X 19,500 9,750 X 46,800 11,700 S
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