Can someone answer 2 managerial accounting questions for me ASAP? Thanks

Can someone answer 2 managerial accounting questions for me ASAP? Thanks

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Questions ACCT 640
Exercise 2-3 (Fixed and variable cost behavior)
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.
Required:
1.) Fill in the following table with your estimates of total cost and average cost per cup of
coffee at the identical level 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 at
the number of cups of coffee served in a week increases? Explain
Cups of coffee served in a week
1,800
1,900
2,000
Fixed cost
Variable cost
Total cost
Average cost
Exercise 2-5 (Traditional and Contribution Format Income statement)
Redhawk, Inc., is a merchandiser that provided the following information:
Number of units sold…………………………………………
10,000
Selling price per unit…………………………………………
$15
Variable selling expense per unit…………………………….
$2
Variable administrative expense per unit…………………….
$1
Total fixed selling expense……………………………………
$20,000
Total fixed administrative expense……………………………
$15,000
Merchandise inventory, beginning balance……………………
$12,000
Merchandise inventory, ending balance……………………….
$22,000
Merchandise purchases………………………………………
$90,000

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Required:
1.) Prepare a traditional income statement
2.) Prepare a contribution format income statement

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