alog of Online... New Tab G terminal GIGM.co... abled: MGMT8500 - Midterm Exa... i Activity Cost Pool Serving a party of diners Serving a diner Serving drinks Total cost Total activity Sign in to your OC... Activity Measure Number of parties served Number of diners served Number of drinks ordered Serving a Party $65,600 8,000 parties Jordan's Lakeside is a popular restaurant located on Lake Muskoka in Ontario. The owner of the restaurant has been trying to better understand costs at the restaurant and has hired a student intern to conduct an ABC study. The intern, in consultation with the owner, identified the following major activities: Saved Serving a Party One or more diners who ask to sit at a table are counted as a party. Some costs, such as the costs of cleaning linen, are the same whether one person is at a table or the table is full. Other costs, such as washing dishes, depend on the number of diners served. Data concerning these activities are displayed below. Serving a Diner $119,600 13,000 diners Serving a Diner Application/profile... C Campus life and s... < Prev Required: 1. Compute the activity rate for each of the three activities. (Round your answers to 2 decimal places.) Serving Drinks Serving Drinks $55,000 11,000 drinks Prior to the ABC study, the owner knew very little about the costs of the restaurant. She knew that the total cost for the month was $240,200 and that 13,000 diners had been served. Therefore, the average cost per diner was approximately $18.48 (= $240,200 + 13,000 diners). 6 of 11 Help Total $240,200 Timetable for May... Next > Save & Exit Submit
