Homework exercise Assume a local Subway reported the following results for April and May April May Increase
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Question:
Homework exercise
Assume a local Subway reported the following results for April and May
April May Increase Type of Cost
Unit Sales
Cost of Food Sold $ $ Variable
Wages and Salaries Mixed
Rent Fixed
Depreciation Fixed
Utilities Mixed
Supplies Mixed
Miscellaneous Mixed
Total $ $
a Identify each cost as being fixed, variable or mixed.
b Determine the equation for total operating costs Fixed Unit Variable Cost # of sandwiches
c Predict the total operating costs for sandwiches
d Determine the average costs for sandwiches
Note: Im having trouble dtermining how to account for mixed costs when factoring in unit variable cost. I got a unit variable cost of $ but when double checking my work, that gave me a discrepancy between total operating costs based on that unit variable cost and the given numbers.
Related Book For
Linear Algebra And Its Applications
ISBN: 9781292351216
6th Global Edition
Authors: David Lay, Steven Lay, Judi McDonald
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