Cost Behavior Analysis in a Restaurant High-Low Cost Estimation Assume a Potbelly's restaurant has the following information available regarding costs at representative levels of monthly sales: Monthly sales in units 5,000 8.000 10.000 Cost of food sold Wages and 510,000 3.16.000 520.000 4200 4320 4.400 1.100 1,760 2.200 benefits Fees paid delivery helo Rent on building Depreciation en equiment 1.100 1.100 1.100 300 300 100 900 1.000 250 3.00 400 5 Supplies ho floor Watch Admirative COS Yotal 1.700 1.700 1.700 $20.050 27,040 331,700 21 55 (a) Identify each cost as being variable, fixed, or mixed. Cost of food sold Variable Wees and fringe benefits Med espaid delivery help Vintable . Rent on but Pued Depreciation on equipment Feed . Us Miro Supplies oorwe) Moved . Administrative Ford ch 31.. (b) Use the high-low method to develop a schedule identifying the amount of each cost that is mixed or variable per unit. Total the amounts under each catego Round yanable cost answers to two decimal places Red Costa Variable costs Cost of food sold 03 Wapes and benefits Te pudelivery OX enotu 0 o Coo at bine the high low method to develop a schedule identifying the amount of each eat that moed or variabile per unit. Tout the amounts under each categy to demonfortul rom Round variable cost answers to two decimal places Find Car Parkaila Carta Carstwo Wangan O o 0 to bude Depec 0 Suples OX O 1 wberex-Unte Predict total costs for a monthly sales volume of 9.300