Cost Behavior Analysis in a Restaurante Low Cost Estimation Assume a Papa John's restaurant has the following information valabile regarding costs representative level of monthly sale Monthly sales in uns 60 .000 18.000 11 WE 130 Deprecation 100 200 3300 dentity each costas bent variable, or mixed . w (b) Use the how method to develop a schedule dentifying the amount of each cost that is fed per month or per unit Tocat the amounts under each category to develop an equation for total monthly cost Round variable cost answers to two deomal places Fed Com Variable costs CUN o OS OX Predict total costs for a monthly ant volume of 9.00 $0 please rear of the out Cost Behavior Analysis in a Restaurant: High-Low Cost Estimation Assume a Papa John's restaurant has the following information available regarding costs at representative levels of monthly sales: Monthly sales in units 5,000 8,000 10,000 Cost of food sold $10,000 $16,000 $20,000 Wages and fringe benefits 4,200 4,320 4,400 Fees paid delivery help 1.200 1.920 2,400 Rent on building 1.300 1.300 1,300 Depreciation on equipment 500 500 500 Utilities 800 920 1,000 Supplies (soap, floor wax, etc.) 200 260 300 Administrative costs 1.600 1.600 1,600 Total $19.800 $26,820 $31.500 (a) Identify each cost as being variable, fixed, or mixed. Cost of food sold Wages and fringe benefits Fees paid delivery help Rent on building Depreciation on equipment Utilities Supplies (soap, floor wax, etc.) Administrative costs e . (b) Use the high-low method to develop a schedule identifying the amount of each cost that is fixed per month or variable per unit. Total the amounts under each category to develop an equation for total monthly costs. Round variable cost answers to two decimal places. Fixed Costs Variable Costs Cost of food sold 0 $ 0 X Wages and fringe benefits 0 0 x Fees paid delivery help 0 x Rent on building Depreciation on equipment 0 X Utilities OX Supplies (soap, floor wax, etc.) 0 Administrative costs Total costs equation OX 0 0 OX 0 0 0X 0 0 X $ 0 $ (c) Predict total costs for a monthly sales volume of 9.100 units. $ 0