Determine estimate of total costs and cost per cup of coffee

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Reference no: EM132472043

Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $900 and the variable cost per cup of coffee served is $0.20.

Question 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

 

2,300                                  2,400  2,500

Fixed cost

 

 

 

Variable cost

 

 

 

Total cost

 

 

 

Average cost per cup of coffee

served

 

 

 

Reference no: EM132472043

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