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Uelng Fligh-low to Caleylate Fixed Cost, Culculate the Variable Fate, and Construct a Cost Function Specdy Petes is a small start-up campany that detlyers highrend

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Uelng Fligh-low to Caleylate Fixed Cost, Culculate the Variable Fate, and Construct a Cost Function Specdy Petes is a small start-up campany that detlyers highrend coffee drinku to large metropolitan office buidingi via a cutting-edge aiotarized colfee cart tockimsete. with other premium coffee shopt. Data for the past 8 monthis wre collected as followi: Required: 1. Using the hightion mathod, caiculate the fived cost of debveries. 2. Ueing the Righ-low-method, calculate the vacable mate per oelivery. 3. thing the high-low method, constriet thin cost formula for toral antinery cont: Speedy Pete's is a smad start-up company that detvers highrend colfee drinks to targe metropoltan office tulldings via a cutbing-edge motorited colfee cant to compete. with other premium colfee shops. Data for the past st months were collected as follows: Speedy fetey controker wants to cikculote the fived and variable costs associated whin its cuting-edge deivery tervice. Requlred: 1. Ushg the high-low rnethod, calculate the fixed cost at deliverits. 2. Uting the bigh-low frestod, caloulate the variable rote per delivery. 3. Using the high-tow mothed; construct the cost formula fer yesal delivery coat. Total Delivery Cott = 1 + (1 ) Nivinber of Deliveries)

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