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Gino's Restaurant is a popular restaurant In Boston, Massachusetts. The owner of the restaurant has been trylng to better understand costs at the restaurant and

image text in transcribedimage text in transcribedimage text in transcribed Gino's Restaurant is a popular restaurant In Boston, Massachusetts. The owner of the restaurant has been trylng to better understand costs at the restaurant and has hired a student Intern to conduct an actlvity-based costing study. The Intern, In consultatlon with the owner, Identlfied the following major activitles: A group of diners who ask to slt at the same table is counted as a party. Some costs, such as the costs of cleaning linen, are the same whether one person is at a table or the table is full. Other costs, such as washing dishes, depend on the number of diners served. Data concerning these actlvitles are shown below: Prlor to the actlvity-based costing study, the owner knew very little about the costs of the restaurant. She knew that the total cost for the month was $179,700 and that 10,000 diners had been served. Therefore, the average cost per diner was $17.97($179,70010,000 diners =$17.97 per diner). Required: 1. Compute the actlvity rates for each of the three actlvitles. 2. According to the actlvity-based costling system, what is the total cost of serving each of the following partles of diners? a. A party of four diners who order three drinks in total. b. A party of two diners who do not order any drinks. c. A lone diner who orders two drinks. 3. Convert the total costs you computed in part (2) above to costs per diner. In other words, what Is the average cost per diner for serving each of the following partles? a. A party of four diners who order three drinks in total. b. A party of two diners who do not order any drinks. c. A lone diner who orders two drinks. Complete this question by entering your answers in the tabs below. Compute the activity rates for each of the three activities. (Round your answers to 2 decimal places.) GIno's Restaurant is a popular restaurant In Boston, Massachusetts. The owner of the restaurant has been trylng to better understand costs at the restaurant and has hired a student Intern to conduct an actlvity-based costing study. The Intern, In consultatlon with the owner, Identlfied the following major actlvitles: A group of diners who ask to slt at the same table is counted as a party. Some costs, such as the costs of cleaning linen, are the same whether one person is at a table or the table is full. Other costs, such as washing dishes, depend on the number of diners served. Data concerning these actlvitles are shown below: Prior to the activity-based costing study, the owner knew very little about the costs of the restaurant. She knew that the total cost for the month was $179,700 and that 10,000 diners had been served. Therefore, the average cost per diner was $17.97 ( $179,70010,000 diners =$17.97 per diner). Required: 1. Compute the actlvity rates for each of the three actlvitles. 2. According to the actlvity-based costing system, what is the total cost of serving each of the following partles of diners? a. A party of four diners who order three drinks in total. b. A party of two diners who do not order any drinks. c. A lone diner who orders two drinks. 3. Convert the total costs you computed In part (2) above to costs per diner. In other words, what is the average cost per diner for serving each of the following partles? a. A party of four diners who order three drinks in total. b. A party of two diners who do not order any drinks. c. A lone diner who orders two drinks. Complete this question by entering your answers in the tabs below. According to the activity-based costing system, what is the total cost of serving each of the following parties of diners? (Round your intermediate calculations and final answers to 2 decimal places.) GIno's Restaurant is a popular restaurant In Boston, Massachusetts. The owner of the restaurant has been trylng to better understand costs at the restaurant and has hired a student Intern to conduct an actlvity-based costing study. The Intern, In consultation with the owner, Identlfied the following major actlvitles: A group of diners who ask to slt at the same table Is counted as a party. Some costs, such as the costs of cleaning IInen, are the same whether one person Is at a table or the table is full. Other costs, such as washing dishes, depend on the number of diners served. Data concerning these actlvitles are shown below: Prior to the activity-based costing study, the owner knew very little about the costs of the restaurant. She knew that the total cost for the month was $179,700 and that 10,000 diners had been served. Therefore, the average cost per diner was $17.97($179,70010,000 diners =$17.97 per diner). Required: 1. Compute the actlvity rates for each of the three actlvitles. 2. According to the actlvity-based costing system, what is the total cost of serving each of the following partles of diners? a. A party of four diners who order three drinks in total. b. A party of two diners who do not order any drinks. c. A lone diner who orders two drinks. 3 . Convert the total costs you computed in part (2) above to costs per diner. In other words, what is the average cost per diner for serving each of the following partles? a. A party of four diners who order three drinks in total. b. A party of two diners who do not order any drinks. c. A lone diner who orders two drinks. Complete this question by entering your answers in the tabs below. Convert the total costs you computed in part (2) above to costs per diner. In other words, what is the average cost per diner for serving each of the following parties? (Round your intermediate calculations and final answers to 2 decimal places.)

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