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Q1 is based on this case: John runs a snow cone stand near the local park. John wants to determine his cost behavior tterns. He

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Q1 is based on this case: John runs a snow cone stand near the local park. John wants to determine his cost behavior tterns. He has the following info about his recent Month Janua tion. (30% of test Number of snow cones Total ting costs $4,700 $4,600 $4,400 $4,300 $4,500 7,500 7,600 700 6,600 7,250 ruar March Q1. A. The variable cost per snow cone using the hi-lo method is Using hi-lo method, the fixed costs for a month? Q1. B. Plot the data and the relationship between these two variables. Draw the regression line and evaluate it using the criteria of economic plausibility, goodness of fit, and slope of the regression line

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