variable and meal price Practice questions and answers from lesson kate can sell catered meals is $21 per meal he is covering his variable cost (the price is above the.
{"Image DocumentName": "Variable cost Variable costs are costs that increase as sales or production volume increases.", "Image ImageDescription": "Examples would include direct materials (cost of food or beverages for a restaurant or toys in a toyshop) Variable costs in total change in response to changes in activity levels. Variable cost per unit will remain constant in relation to changes in sales activity. The graph illustrates the variable cost of producing a meal in a restaurant is \u20ac2 and, as sales volume increases, the variable costs increase. The variable cost graph shows that the variable cost of producing 2,000 meals is \u20ac4,000 and the variable cost of producing 4,000 meals is \u20ac8,000.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}