You have the following information from the records of a restaurant:
| |
Sales Revenue
|
Wage Costs
|
|
January
|
11,100
|
5,500
|
|
February
|
13,100
|
5,900
|
|
March
|
14,900
|
6,100
|
|
April
|
19,100
|
7,100
|
|
May
|
22,000
|
9,000
|
|
June
|
24,200
|
9,600
|
|
July
|
26,300
|
9,700
|
|
August
|
27,000
|
9,900
|
|
September
|
23,900
|
8,500
|
|
October
|
20,100
|
7,600
|
|
November
|
18,200
|
8,000
|
|
December
|
16,000
|
7,100
|
Use the high-low method to calculate total fixed cost and total variable cost for the year.