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Total costs at a restaurant are listed below: Total Cost March April May June July August September October November Customers Served 11,667 11,463 11,995 14,000
Total costs at a restaurant are listed below: Total Cost March April May June July August September October November Customers Served 11,667 11,463 11,995 14,000 11,727 11,213 12,007 11,698 11,846 $ 28,349 $ 28, 298 $ 28,431 $ 28,932 $ 28,364 $ 28, 235 $28,434 $ 28,357 $ 28,394 The restaurant's total cost is a mixed cost that depends on customers served. The restaurant's management uses the high-low method to estimate the variable and fixed components of this cost. If the management believes that the restaurant will be able to serve 16,000 customers in December, the restaurant's estimated total cost for December is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $29,567 The restaurant's total cost is a mixed cost that depends on customers served. The restaurant's management uses the high-low method to estimate the variable and fixed components of this cost. If the management believes that the restaurant will be able to serve 16,000 customers in December, the restaurant's estimated total cost for December is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $29,567 $29,432 $59.405 be $31,654 BE
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