Fast Food College Has Recently Opened a Restaurant as Part

question 132

Multiple Choice

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.

-Using the high-low method, what is the fixed cost per week at Fast Food College's restaurant?

• A) $1,260
• B) $3,600
• C) $7,785
• D) $18,460

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