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Aladdin Company is a small one-person company that provides elaborate and imaginative wedding cakes to order for very large wedding receptions. The owner of the
Aladdin Company is a small one-person company that provides elaborate and imaginative wedding cakes to order for very large wedding receptions. The owner of the company would like to understand the cost structure of the company and has compiled the following records of activity and costs incurred. The owner believes that the number of weddings catered is the best measure of activity. Weddings Total Costs Month Catered Incurred January 3 $3,800 February 2 $3,600 March $4,000 April $4,300 May 12 $4,500 June 20 20 $5,200 Question 1 Using the high/low method, Aladdin's variable cost per wedding catered is closest to: 1 pts Question 1 Using the high/low method, Aladdin's variable cost per wedding catered is closest to: $80.00 per wedding $82.35 per wedding $260.00 per wedding O $88.89 per wedding Question 2 Using the high/low method, Aladdin's fixed costs per month are closest to: $3,422 O $3,533 O $5,200 O $3,600
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