8. At the Loner Inn, total fixed costs for October were$28,422.80. In that month, 14,228 covers were

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8. At the Loner Inn, total fixed costs for October were$28,422.80. In that month, 14,228 covers were served.

a. What was the fixed cost per cover for October?

b. Assume that fixed costs will increase by 2 percent inNovember. Determine fixed cost per cover if the number of coversdecreases by 10 percent in November.

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Fundamentals of Cost Accounting

ISBN: 978-0077398194

3rd Edition

Authors: William Lanen, Shannon Anderson, Michael Maher

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Posted Date: Nov 22, 2022 07:21 PM

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8. At the Loner Inn, total fixed costs for October were$28,422.80. In that month, 14,228 covers were

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Answer a Fixed cost per cover for October 284228014228 2 b Fi... View the full answer

Fundamentals of Cost Accounting

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