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Accounting

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 coffee served: ? ? ?

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 week increase? Explain.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9797113

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