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. Using the high-low method, the fixed costs for a month are
A)$900
B)$3900
C)$1200
D)$1500

Question

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.  Using the high-low method, the fixed costs for a month are
A)$900 
B)$3900 
C)$1200 
D)$1500

Quizplus · Accepted Answer

The Answer of 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.  Using the high-low method, the fixed costs for a month are
A)$900 
B)$3900 
C)$1200 
D)$1500

Jones Ice Cream Stand Is Operated by Mr