This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Gourmet College has recently opened a restaurant as part of its hospitality major. The manager ... (Read 433 times)

V@ndy87

  • Hero Member
  • *****
  • Posts: 571
on: Jan 5, 2020
Gourmet College has recently opened a restaurant as part of its hospitality major. The manager gathered the following data from the first five weeks of operations. Knowing you are currently taking a managerial accounting course he has asked that you analyze the data.

WeekNumber of customers per weekWeekly total restaurant costs incurred
11,200$25,200
21,60026,890
31,75028,840
41,63327,150
51,90038,150
61,79029,600


Using the high- low method, what is the variable cost per customer at the Gourmet College restaurant?
◦ $18.75
◦ $7.45
◦ $18.50
◦ $20.08
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by V@ndy87 on Jan 5, 2020

jordangronback

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jan 5, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly


Daljit Singh

  • Newbie
  • *
  • Posts: 1
Reply #2 on: Jun 24, 2020
Thank you


« previous next »
 

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

The trilobite body is divided into three major sections The trilobite body is divided into three major sections
The absorption of cerebrospinal fluid from the subarachnoid space (blue) into a major sinus. Note ... The absorption of cerebrospinal fluid from the subarachnoid space (blue) into a major sinus. Note ...
How to evaluate limits using algebra and the limit laws (Part 2) How to evaluate limits using algebra and the limit laws (Part 2)
How to solve for inequalities (Part 1) How to solve for inequalities (Part 1)
How to integrate trigonometric functions containing sine and cosine with odd powers (Part 1) How to integrate trigonometric functions containing sine and cosine with odd powers (Part 1)
The Major Plant Groups The Major Plant Groups
Video: Cataract

For a complete list of videos, visit our video library