Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
bernie2981 bernie2981
wrote...
Go to Answer
Posts: 3810
Rep: 26 0
8 years ago
Jones Ice Cream Stand is operated by Mr. Jones and experiences different sales patterns throughout the year. To plan for the future, Mr. Jones wants to determine its cost behavior patterns. He has the following information available about the ice cream stand's operating costs and the number of soft serve cones served.

Month   Number of ice cream cones   Total operating costs
April   800   $950
May   825   $975
June   1,125   $1,000
July   2,000   $1,250
August   1,500   $1,875
September   900   $1,500

The variable cost per ice cream cone using the high-low method is
A) $0.63.
B) $4.00.
C) $1.19.
D) $0.25.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 276 times
1 Reply
Replies
Answer verified by a subject expert
nucleinuclei
wrote...
#1
Top Poster
Posts: 2158
Rep: 418 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

bernie2981 Author
wrote...

8 years ago
Just got PERFECT on my quiz
missnoname
wrote...

Yesterday
Thanks
sweetalia
wrote...

2 hours ago
This site is awesome
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1294 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 285
  
 232
  
 257
Your Opinion
Do you believe in global warming?
Votes: 370
Previous poll results: What's your favorite math subject?