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 $0.32. 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.)
| 2300 | 2400 | 2500 | |
| Fixed cost | $700 | $700 | $700 |
| Variable cost | (0.32*2300)=$736 | (0.32*2400)=$768 | (0.32*2500)=$800 |
| Total cost | $1436 | $1468 | $1500 |
| Average cost per cup of coffee served(Total cost/cups of coffee) | (1436/2300)=0.624 | (1468/2400)=0.612 | (1500/2500)=0.6. |
So much stress and so little time? We’ve got you covered. Get your paper proofread, edited or written from scratch within the tight deadline.
With us, you are either satisfied 100% or you get your money back-No monkey business
