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Georgia uses the high-low method of estimating costs. Georgia had total costs of $16,100 at its lowest level of activity, when 5,000 units were sold. When, at its highest level of activity, sales equaled 12,800 units, total costs were $86,300. Georgia would estimate variable cost per unit as
a $9.00
b $6.74
c $5.75
d $3.22
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Compute the annual breakeven number of meals and Sales Revenue for the restaurant and compute the number of meals needed to earn operating income of $75,600 to replace Steve's salary from his
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