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April $2,025 Assume a local Subway reported the following results for April and May: |May Sandwiches sold 2,100 2,700 COGS $1,575 |Wages and salaries $1,525
April $2,025 Assume a local Subway reported the following results for April and May: |May Sandwiches sold 2,100 2,700 COGS $1,575 |Wages and salaries $1,525 $1,675 Rent $1,500 $1,500 Depreciation $200 $200 Utilities $710 $770 Supplies $225 $255 Miscellaneous $113 Total $5,848 $6,556 Required (show all the calculations] a. Using the high-low method, create a cost equation for each of the following costs in April: cost of food, wages and salaries, rent, and total monthly costs b. Predict total costs for monthly volumes of 1,000 and 2,000 sandwiches. $131
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