Suzy’s Cool Treatz is a snow cone stand near the local park. To plan for the...

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Accounting

Suzy’s Cool Treatz is a snow cone stand near the localpark. To plan for the future, the owner wants to determine her costbehavior patterns. She has the following information availableabout her operating costs and the number of snow conesserved.

Month

Number of snow cones

Total operating costs

January

3,500

$5,000

February

3,800

$4,800

March

5,000

$6,800

April

3,600

$5,450

May

4,700

$6,200

June

4,250

$5,950

Suzy uses the high-low method to determine her operatingcost equation. What are her estimated costs at 4628 snow cones?When calculating the variable cost per unit, round your answer totwo decimal places before completing your calculations. Do not usedollar signs, commas or decimals in your answer. Input your answerto the nearest whole number.

Answer & Explanation Solved by verified expert
3.9 Ratings (760 Votes)
SUZYS FIXED COST AND VARIABLE COST PER UNIT OF CONE IS CALCULATED AS FOLLOW BY HIGH AND LOW METHOD UNDER HIGH LOW METHOD VARIABLE COST AND FIXED COST CAN BE CALCULATED BY COMPARING THE    See Answer
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