Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
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

Using the high-low method, the fixed costs for a month are
A) $500.
B) $2,200.
C) $750.
D) $300.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 246 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
alontra84

Related Topics

bernie2981 Author
wrote...

8 years ago
Brilliant ツ
kamikazekota
wrote...

Yesterday
This site is awesome
rene_ram97
wrote...

2 hours ago
You make an excellent tutor!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1309 People Browsing
 124 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 297
  
 541
  
 113
Your Opinion
Previous poll results: Which country would you like to visit for its food?