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Pelicans Ice is a snow cone stand near the local park. To plan for the future, Pelicans Ice wants to determine its cost behavior
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 cnes served. Month January February March Number of snow cones Total operating costs 6,400 $5,980 7,000 $6,400 4000 $5000 April 6,900 $6,330 May June 8000 $7000 7,250 $6,575 Using the high-low method, the fixed costs for a month are $12,000 $2000 $4000 $3000
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