Question
Think about your favorite restaurant or fast-food restaurant. The general manager of that restaurant has hired you to help classify all the costs that are
Think about your favorite restaurant or fast-food restaurant. The general manager of that restaurant has hired you to help classify all the costs that are involved in running the restaurant and keeping the customers satisfied. Think about its business operations as you answer the following questions.
Describe all business activities from the time a customer arrives to the time that customer departs.
List all costs you can identify with the separate activities described in question 1.
Classify each cost from question 2 as fixed, variable, or mixed and explain your classification.
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