Calculate total fixed cost and total variable cost for year

Assignment Help Engineering Mathematics

Reference no: EM131507534

Question: Complete a regression analysis to determine total annual fixed and variable costs using the sales revenue and wage costs shown in Problem. Compare regression analysis results with the results obtained in P7.9, and comment about the results between the two different methods used to find total annual fixed and variable costs.

Problem: You have the following information from the records of a restaurant:

Use the high-low method to calculate total fixed cost and total variable cost for the year.

Reference no: EM131507534

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