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Pop Shop operates a soda bar. The company pays rent of $23,000 per year for each shop. Supplies (cups, napkins, bags and utensils) are purchased
Pop Shop operates a soda bar. The company pays rent of $23,000 per year for each shop. Supplies (cups, napkins, bags and utensils) are purchased as needed. The manager of each shop is paid a salary of $2,500 per month, and employees are paid on an hourly basis depending on demand levels. Relative to the number of customers for a shop, classify each of the following costs according to whether it is a Fixed (F) or Variable (V) cost. The Cost of Supplies Rent Costs Wages of Shop Manager Wages of Employees A. Variable B. Fixed
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