Question: Given the following information, determine variable cost per guest, and the total fixed costs, using both the high and low data to confirm your calculations.
Given the following information, determine variable cost per guest, and the total fixed costs, using both the high and low data to confirm your calculations. High guests were 18,000 and the low guests were 12,000 and the high and low labor costs were $25,500 and $18,000, respectively.
LO1
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