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 1005 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?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Posterior view of the Heart, outlining the major arteries Posterior view of the Heart, outlining the major arteries
In this photo opportunity, Phillies manager Ben Chapman refused to shake Jackie Robinson’s hand. ... In this photo opportunity, Phillies manager Ben Chapman refused to shake Jackie Robinson’s hand. ...
The major internal features of a neuron. The major internal features of a neuron.
How to solve two inequalities at once (Part 2) How to solve two inequalities at once (Part 2)
Structures of the ionized forms of some representative fatty acids (part 2) Structures of the ionized forms of some representative fatty acids (part 2)
Major Surface-Ocean Currents Major Surface-Ocean Currents
Video: Facilitated Diffusion - Glucose transport

For a complete list of videos, visit our video library