Question: Calculation question. Use the information from question (4) above, assume that fixed costs will decrease by 10 percent in April and determine fixed cost per

Calculation question. Use the information from question (4) above, assume that fixed costs will decrease by 10 percent in April and determine fixed cost per cover if the number of covers increases by 5 percent in April. (Round the new fixed costs to hundredths of a decimal (.XX), the new covers number to tenths of a decimal (.X), and the final result to one tenths of a decimal (.X) ANS:

Ans 4: Fixed cost per cover = Total fixed costs / Number of covers Fixed cost per cover = $18,422.80 / 13,228 Fixed cost per cover = $1.39 (rounded to two decimal places)

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