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Author Question: Fast Food College has recently opened a restaurant as part of its hospitality major. The manager ... (Read 924 times)

Mr3Hunna

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Fast Food 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
11,500$33,600
21,60035,850
31,75038,455
41,63336,204
51,85040,600
61,79039,468


Using the high- low method, what is the variable cost per customer at Fast Food College's restaurant?
◦ $0.46
◦ $21.95
◦ $20.00
◦ $22.40


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Marked as best answer by Mr3Hunna on Jan 5, 2020

Li Jun

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Mr3Hunna

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Reply 2 on: Jan 5, 2020
Great answer, keep it coming :)


elyse44

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Reply 3 on: Yesterday
:D TYSM

 

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