Question

Assume that Cliff’s “Fresh Stack” 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 Cliff’s “Fresh Stack” Pancake Restaurant serves 4,200 pancakes in a month, what would its total operating costs be?


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  • CreatedApril 30, 2015
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