Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $1,300 and the variable cost per cup of coffee served is $0.18.
What is the Average cost per cup of coffee served if you served 4000 cups.
Average cost per cup=(Variable cost +Fixed Cost)/no of Units
=(.18*$4000+$1300)/4000
Average cost per cup=.505
Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly...