Refer to Cliffs Fresh Stacks Pancake Restaurant in E6-53B. Requirements 1. Use the high-low method to determine

Refer to Cliff€™s €œFresh Stacks€ Pancake Restaurant in E6-53B.

Requirements
1. Use the high-low method to determine Cliff€™s operating cost equation.
2. Use your answer from Requirement 1 to predict total monthly operating costs if Cliff serves 4,500 pancakes a month.
3. Can you predict total monthly operating costs if Cliff serves 12,000 pancakes a month? Explain.

Transcribed Image Text:

Month Number of Pancakes Total Operating Costs $2,340 2,530 2,440 2,290 2,560 2,510 September October November.... 3,700 4,000 ....3,850