Question
8. At the Loner Inn, total fixed costs for October were$28,422.80. In that month, 14,228 covers were served. a. What was the fixed cost per
8. At the Loner Inn, total fixed costs for October were$28,422.80. In that month, 14,228 covers were served.
a. What was the fixed cost per cover for October?
b. Assume that fixed costs will increase by 2 percent inNovember. Determine fixed cost per cover if the number of coversdecreases by 10 percent in November.
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Answer a Fixed cost per cover for October 284228014228 2 b Fi...
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
3rd Edition
9780078025525, 9780077517359, 77517350, 978-0077398194
