Question: View previous attempt Check my work 1 04:14:31 Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense
View previous attempt Check my work 1 04:14:31 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 $0.47. 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? 10 points eBook Hint Complete this question by entering your answers in the tabs below. Print References Required 1 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.) 1,700 Cups of Coffee 1,800 Cups of Coffee 1,900 Cups of Coffee Fixed cost $ 700 $ 700 $ 700 Variable cost 799 Total cost $ 1,499 $ 846 1,546 S 893 1,593 Average cost per cup of coffee served
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