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Author Question: Sunny's Frozen Treats is a snow cone stand near the local park. To plan for the future, Sunny wants ... (Read 83 times)

imanialler

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Sunny's Frozen Treats is a snow cone stand near the local park. To plan for the future, Sunny wants to determine his cost behaviour patterns. He has the following information available about his operating costs and the number of snow cones served.

MonthNumber of snow conesTotal operating costs
January7,200$4,700
February8,000$5,800
March6,000$4,600
April6,600$4,500
May7,700$5,100
June7,250$5,000


Using the high-low method, the monthly operating costs–if Sunny sells 7,500 snow cones in a month–are
◦ $4,500.
◦ $9,300.
◦ $5,500.
◦ $1,000.


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Marked as best answer by imanialler on Jan 5, 2020

millet

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imanialler

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Reply 2 on: Jan 5, 2020
Excellent


apple

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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