PLEASE SHOW WORK AND PROVIDE EXPLANATION Tasty Treats is a snow cone stand...
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Accounting
PLEASE SHOW WORK AND PROVIDE EXPLANATION
Tasty Treats is a snow cone stand near the local park. To plan for the future, Tasty Treats wants to determine its cost behavior patterns. It has the following information available about its operating costs and the number of snow cones served.
Month | Number of snow cones | Total operating costs |
January | 6,400 | $5,980 |
February | 7,000 | $6,400 |
March | 6,200 | $5,840 |
April | 6,900 | $6,330 |
May | 7,600 | $6,820 |
June | 7,250 | $6,575 |
Using the high-low method, the fixed costs for a month are
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You can see the logs in the Dashboard.