Refer to Asokans Golden Brown Pancake Restaurant in E6-32A. Requirements 1. Use the high-low method to determine

Question:

Refer to Asokan’s “Golden Brown” Pancake Restaurant in E6-32A.
Requirements
1. Use the high-low method to determine Asokan’s operating cost equation.
2. Use your answer from Requirement 1 to predict total monthly operating costs if Asokan serves 4,000 pancakes in one month.
3. Can you predict total monthly operating costs if Asokan serves 10,000 pancakes a month? Explain.