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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 96 times)

serike

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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, Sunny's fixed costs for a month are
◦ $1,200.
◦ $1,000.
◦ $4,800.
◦ $10,400.


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Marked as best answer by serike on Jan 5, 2020

bassamabas

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serike

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Reply 2 on: Jan 5, 2020
Excellent


abro1885

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Reply 3 on: Yesterday
:D TYSM

 

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