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bernie2981 bernie2981
wrote...
Posts: 4338
3 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 monthly operating costs–if Mr. Jones sells 1,436 ice cream cones in a month–are
A) $359.
B) $1,109.
C) $859.
D) $750.
Textbook 

Managerial Accounting


Edition: 4th
Author:
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nucleinuclei
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Posts: 4316
3 years ago
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wrote...
3 years ago
You're such a dedicated member, I very much appreciate the help.

Marking this solved ✓
wrote...
3 years ago
Happy to help Smiling Face with Glasses
wrote...
2 days ago
Thank you
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