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Aunty Helen was worried about COVID's impact on her restaurant. After hearing her description, you figure it might be a good start to separate out
Aunty Helen was worried about COVID's impact on her restaurant. After hearing her description, you figure it might be a good start to separate out fixed and variable costs. However, Aunty Helen only have the following information:
- the high month for food cost is in July, with a sales revenue of $70,000, and a food cost of $18,000
- the low month for food cost is in April, with a sales revenue of $24,000, and a food cost of 6000
- What is the restaurants high months variable cost for food?
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