Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / Pizza Vesuvio makes specialty pizzas

Pizza Vesuvio makes specialty pizzas

Accounting

Pizza Vesuvio makes specialty pizzas. Vesuvio's controller wants to calculate the fixed and variable costs associated with labour used in the restaurant. Data for the past eight months were collected:

 

Month Labour Cost ($) Employee Hours

 

January 7,000 360

February 8,140 550

March 9,010 585

April 9,787 610

May 8,490 480

June 2,450 350

July 9,490 570

August 7,531 310

 

Required:

 

Using the high-low method, calculate the fixed cost of labour, calculate the variable rate per employee hour, and construct the cost formula for total labour cost.

Option 1

Low Cost Option
Download this past answer in few clicks

3.95 USD

PURCHASE SOLUTION

Already member?


Option 2

Custom new solution created by our subject matter experts

GET A QUOTE

Related Questions