Davenport University Accounting 640 week 1 homework

$11.00

Description

Week 1 Home Work

Exercise 2-3

Koffee
Express operates a number of espresso coffee stands in busy suburban malls. The
fixed weekly expense of a coffee stand is $1,100 and the variable cost per cup
of coffee served is $0.26.

1.
Fill in the following table with your estimates of total costs and average cost
per cup of coffee at the indicated levels of activity for a coffee stand. Round
off the cost of a cup of coffee to the nearest tenth of a cent.

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

Exercise 2-5

Redhawk, Inc.

Contribution Format Income Statement

1.
Traditional income statement

2.
Contribution format income statement

Reviews

There are no reviews yet.

Be the first to review “Davenport University Accounting 640 week 1 homework”

Your email address will not be published. Required fields are marked *