Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. jones ice cream stand is operated by mr. jones and

Jones Ice Cream Stand is operated by Mr. Jones and experiences different sales patterns throughout...

80.2K

Verified Solution

Question

Accounting

image
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 770 $940 May 825 $975 June 1.125 $1,000 July 2,100 $1,250 August 1,500 $1,175 September 900 $1,500 The variable cost per ice cream cone using the high-low method is O A. $4.29 O B. $0.23 OC. $0.60 OD. $1.22

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

“Homes that Care” (“Homes”) operated foster homes and group homes for children with behavioural problems. To...

Operations Management
Q

what are the left cosets of the dihedral group d2n ?and let the subgroup are reflection?

Advance Math
Q

3. The Kemper Trust is required to distribute $30,000 annually to each of its two income beneficiaries,...

Accounting
Q

O 5 per cut O 25 of the total bill O 15 of the cost...

Basic Math
Q

lim X 5x x7 et O A OB 5 3 OC 0 O D 1...

Calculus
Q

Why use three libraries development, test and production in information technology function?

Accounting
Q

Help Save & Exit Subm Jefferson Company has sales of $302,000 and cost of goods...

Accounting
Q

(L8) What is the most common error on the hi-lo method of estimation? Please respond...

Accounting
Q

In November, 20x6, married couple, John and Mary Mason, separate. Mary supports their ...

Accounting
Q

On January 1, 2019, ABC Company purchased a new piece of equipment The equipment was...

Accounting
Q

If the Treasury bill rate is currently 4% and the expected return on the market...

Finance
Q

UPS, a delivery services company, has a beta of 1.2, and Wal-Mart has a beta...

Finance