Espresso Express operates a number of espresso coffee standsin busy suburban mal
ID: 2433578 • Letter: E
Question
Espresso Express operates a number of espresso coffee standsin busy suburban malls. The fixed weekly expense of a coffee standis $1,200 and the variable cost per cup of coffee served is$0.22. 1. Fill in the following table with your estimates of totalcosts and cost per cup of coffee at the indicated levels ofactivity for a coffee stand. Round off the cost of a cup ofcoffee to the nearest tenth of a cent. 2,000 2,100 2,200 Fixed cost ? ? ? Variable cost ? ? ? Total cost ? ? ? Cost per cup of coffeeserved: ? ? ? 2. Does the cost per cup of coffee served increase, decrease,or remain the same as the number of cups of coffee served in a weekincrease? Explain. Espresso Express operates a number of espresso coffee standsin busy suburban malls. The fixed weekly expense of a coffee standis $1,200 and the variable cost per cup of coffee served is$0.22. 1. Fill in the following table with your estimates of totalcosts and cost per cup of coffee at the indicated levels ofactivity for a coffee stand. Round off the cost of a cup ofcoffee to the nearest tenth of a cent. 2,000 2,100 2,200 Fixed cost ? ? ? Variable cost ? ? ? Total cost ? ? ? Cost per cup of coffeeserved: ? ? ? 2. Does the cost per cup of coffee served increase, decrease,or remain the same as the number of cups of coffee served in a weekincrease? Explain. 2,000 2,100 2,200 Fixed cost ? ? ? Variable cost ? ? ? Total cost ? ? ?Explanation / Answer
what is the formula for cost per cup coffee served?
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