Looking for more tutorials?

Koffee express operate a number of espresso coffee stands in busy suburban malls. The fixed weekly expenses of coffee stand are $1,100.and variable cost per cup of coffee served is $0.26.

Required:

1. Fill in the following table with your estimate of total cost and aver cost of per cup of coffee at the indicated level of activities for a coffee stand. Round of the cost of the cup of the coffee to the nearest of the tenth of the cents.

Cups of Coffee served in a week

1,800 1,900 2,000

Fixed cost ? ? ?

Variable Cost ? ? ?

Total cost ? ? ?

Average cost per cup of coffee served ? ? ?

2. does the average cost per cup of coffee served increase,decrease or remain the same as the number of the cups of coffee served in a week increase? Explain