you have the following information from the records of a restaurant:

Use the high low method to calculate total fixed cost and total variable cost for the year.

P7.9 You have the following information from the records of a restaurant, January February March April May June July August September October November December Totals Sales Revenue $ 11,200 13,000 14,900 19,100 22,000 24,200 26,300 27,400 23,500 20,100 18.200 16,000 $235,900 Wage Costs $ 5,300 6,100 6,200 7,000 9,000 9,600 9,700 10,100 8,300 7,600 8,000 7,100 $94,000 Use the high-low method to calculate total fixed cost and total variable cost for the year