Question
Pelicans Ice is a snow cone stand near the local park. To plan for the? future, Pelicans Ice wants to determine its cost behavior patterns.
Pelicans Ice is a snow cone stand near the local park. To plan for the? future, Pelicans Ice wants to determine its cost behavior patterns. It has the following information available about its operating costs and the number of snow cones served. Month Number of snow cones Total operating costs January ?6,400 ?$5,980 February ?7,000 ?$6,400 March 5 comma 000 $ 5 comma 000 April ?6,900 ?$6,330 May 9 comma 000 $ 7 comma 000 June ?7,250 ?$6,575 Using the highminuslow ?method, the fixed costs for a month are A. $ 12 comma 000 B. $ 2 comma 500 C. $ 4 comma 500 D. $ 2 comma 000
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