Question: Exercise 2 - 4 9 ( Static ) Cost Behavior and Forecasting ( LO 2 - 5 ) Sophia's Restaurant served 5 , 0 0
Exercise Static Cost Behavior and Forecasting LO
Sophia's Restaurant served meals last quarter. Sophia recorded the following costs with those meals.
Required:
Suppose that Sophia expects to serve percent more meals in the next quarter. Unit variable costs are expected to remain
unchanged. However, Sophia knows that if the restaurant serves over meals in a quarter, she must hire an additional manager
parttime at a cost of $ for the quarter. Other fixed costs are expected to increase by percent.
Calculate the unit cost and the total cost if meals are served next quarter. Round "Unit costs" answer to decimal places.
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