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4. Kates Catering had the following costs for March and April March April Total cost incurred March. April total cost incurred $13,000 $19,000 number meals

4. Kates Catering had the following costs for March and April March April Total cost incurred

March. April

total cost incurred $13,000 $19,000

number meals served 2,000 3,200

  1. Using the differences in the two columns, calculate the variable cost per meal served.
  2. Using the estimated of variable cost from part (a), calculate the fixed cost when 2,000 meals are served in a month (Take March total costs and subtract the variable cost for 2,000 meals)
  3. Using the estimated of variable cost from part (a), calculate the fixed cost when 3,200 meals are served in a month (Take April total costs and subtract the variable cost for 3,200 meals)
  4. Using the estimated of variable cost from part (a), calculate the fixed cost when 3,200 meals are served in a month (Take April total costs and subtract the variable cost for 3,200 meals)
  5. The fixed cost computed for 2,000 meals is ______________ than the fixed costs for 3,200 meals
  6. Place an X next to the correct answer for greater than, equal to, or less than

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