Homework Answers
| Weekly fixed costs | 8000 | |
| Divide by Weekly Total meals | 3600 | =600*6 |
| Fixed cost per meal | 2.22 | |
| a | ||
| Number of customers | 300 | |
| X Variable costs for each meal | 3.90 | |
| Lowest price in total | 1170 | |
| b | ||
| Variable costs for each meal | 3.90 | |
| Fixed cost per meal | 2.22 | |
| Lowest price | 6.12 | per meal |
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Lance's Diner has a hot-lunch special each weekday and Sunday afternoon. The cost of food and...
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