A banqueting suite is trying to ascertain the cost structure for a single menu: Standard menu D

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A banqueting suite is trying to ascertain the cost structure for a single menu:

Standard menu ‘D’ Cost per head

(fixed and variable)

100 covers £25.30 150 covers £20.90 200 covers £19.75 Portion size and quality of the food and service were the same in all cases.

Calculate the fixed and variable portions of the total cost (note: same process as for semi-variable separation). Estimate the cost if 175 covers were sold.

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Strategic Managerial Accounting: Hospitality, Tourism & Events Applications

ISBN: 1645

6th Edition

Authors: Tracy Jones, Helen Atkinson, Angela Lorenz, Peter Harris

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Question Posted: Jun 25, 2024 04:00 AM

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A banqueting suite is trying to ascertain the cost structure for a single menu: Standard menu D

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Strategic Managerial Accounting: Hospitality, Tourism & Events Applications

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