Exercise 3-1 Page 82 Goes - Down- Smooth operates a number of smoothie bars in busy suburban malls. The fixed weekly expense of a smoothie bar is $2,500, and the variable cost per smoothie served is $0.75. Required: Fill in the following table with your estimates of total costs and cost per smoothie at the indicated levels of activity for a smoothie bar. Round off the cost of a smoothie to the nearest tenth of a cent. 1. Smoothies Served in a Week 2,100-1-2,800 L 3,500 Fixed cost Variable cost Total cost Cost per smoothic served 2. Does the cost per smoothie increase, decrease, or remai Exercise 3-2 Page 82/83 The data below have been taken from the cost record of the Halifax General Hospital. The data relate the same as the number if smoothies served in a week increases? Explain. to the costs of admitting patients at various levels of patient activity: Number of Patients Admitted Admitting Department Costs Month May June Jul August September October November 3,600 3,800 2,900 3,200 3,300 2,600 $29,400 $30,400 $27.400 $28,000 $28,600 $26,200 $25,600 $29,200 3,500 December Required: 1. Using the high-low method, estimate the fixed cost of admitting patients per month and the hat factors other than the number of patients admited are likely to affect changes in admitt department costs from month to month? variable cost of admissions per patient