# Question

Assume that Asokan’s “Golden Brown” Pancake Restaurant does a regression analysis on the next year’s data using Excel 2007. The output generated by Excel is as follows:

Requirements

1. What is the fixed cost per month?

2. What is the variable cost per pancake?

3. If Asokan’s “Golden Brown” Pancake Restaurant serves 3,700 pancakes in a month, what would the company’s total operating costs be?

Requirements

1. What is the fixed cost per month?

2. What is the variable cost per pancake?

3. If Asokan’s “Golden Brown” Pancake Restaurant serves 3,700 pancakes in a month, what would the company’s total operating costs be?

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