Author Question: Gourmet College has recently opened a restaurant as part of its hospitality major. The manager ... (Read 474 times)

Cooldude101 · **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.

Week	Number of customers per week	Weekly total restaurant costs incurred
1	1,200	$25,200
2	1,600	26,890
3	1,750	28,840
4	1,633	27,150
5	1,900	38,150
6	1,790	29,600

Using the high-low method, what will the total monthly manufacturing costs be if the College's restaurant produces 1,850 units?
◦ $4,525
◦ $2,625
◦ $5,555
◦ $37,225

kardosa007 · **Reply #1 on:** Jan 5, 2020

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