Question - Tasty Treats is a snow cone stand near the local park. To plan for the future, Tasty Treats wants to determine its cost behavior patterns. It has the following information available about its operating costs and the number of snow cones served:
January: # of snow cones-6,400, total operating costs $5,980
February: # of snow cones-7,000, total operating costs $6,400
March: # of snow cones-6,200, total operating costs $5,840
April: # of snow cones- 6,900, total operating costs $6,330
May: # of snow cones - 7,600, total operating costs $6,820
June: # of snow cones - 7,250, total operating costs $6,575
Using the high-low method, the fixed costs for the month are
A) $980
B) $1,500
C) $5,320
D) $12,660