Expert Answer :Frank Company operates a cafeteria for its employe

Solved by verified expert :8.Frank Company operates a cafeteria for its employees. The number of meals served each week over the last seven weeks, along with the total costs of operating the cafeteria are given below:Meals served Cafeteria CostWeek 1 1500 4800Week2 1600 5080Week3 1800 5280Week4 1450 4900week5 1200 4000week6 1650 5100week7 1900 5400Assume that the relevant range includes all of the activity levels mentioned in this problem.Using the high-low method of analysis, the variable cost per meal served in the cafeteria would be estimated to be:$1.50$2.00$2.80$1.00Assume that the relevant range includes all of the activity levels mentioned in this problem.Using the high-low method of analysis, the variable cost per meal served in the cafeteria would be estimated to be:11.) In a job-order costing system, the use of indirect materials that have been previously purchased is recorded as a credit to:Work in Process inventory.Manufacturing Overhead.Raw Materials inventory.Finished Goods inventory.