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

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Accounting

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
790
$950
May
825
$975
June
1,125
$1,000
July
2,000
$1,450
August
1,500
$1,175
September
900
$1,500
The variable cost per ice cream cone using the highlow method is
Question content area bottom
Part 1
A.
$1.20
B.
$0.41
C.
$2.42
D.
$0.73

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