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bernie2981 bernie2981
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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.
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Managerial Accounting

Managerial Accounting


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nucleinuclei
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8 years ago
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bernie2981 Author
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8 years ago
this is exactly what I needed
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Thank you, thank you, thank you!
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