Aokan's GoldenBrown Pancake Restaurant features sourdough pancakes made from a strain of sourdough dating back to the Yukon gold rush. To plan for thefuture, Asokan needs to figure out his cost behaviour patterns. He has the following information about his operating costs and the number of pancakesserved:

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Requirements

1.

Use thehigh-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 5,000 pancakes in one month.

3.

Can you predict total monthly operating costs if Asokan serves 10,000 pancakes amonth? Explain.

Homework: Homework Assignment 4 Ch 3 Score: 0 of 1 pt i 4 i 4 of s (0 complete) v p HW Score: 50%, a of 16 pts E3-34A (book/static) Ii Assigned Media 55 Question Help Q Asokan's Golden Brown Pancake Restaurant features sourdough pancakes made from a strain of sourdough dating back to the Yukon gold msh. To plan for the future, Asokan needs to gure out his cost behaviour patterns. He has the following information about his operating costs and the number of pancakes sewed: a (Click the icon to View the data.) 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 5,000 pancakes in one month. 3. Can you predict total monthly operating costs if Asokan serves 10.000 pancakes a month? Explain. 0 Data Table Month Number of Pancakes Total Operating Costs Requirement 1. Use the high-low method to determine Asokan's operating cost equation. Ju|y ,,,,,,,,,,,,,, 3.600 2340 Let's begin by determining the formula that is used to calculate the variable cost per unit (slope). 3,900 2.390 / = Variable cost per unit (slope) September ........ 3.200 2.320 October ........... 3.300 2.270 November ......... 3.850 2.560 December ......... 3,620 2.530 Choose from any drop-down list and then click Check Answer. parts - " ' . remaining Clear All