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Atwood Dairy Bar sells its famous soft-serve ice cream cones near a marina and resort area. The owner, Theresa, wants to determine the cost behaviour
Atwood Dairy Bar sells its famous soft-serve ice cream cones near a marina and resort area. The owner, Theresa, wants to determine the cost behaviour patterns to help planning for the next summer season. She has the following information available about the operating costs and the number of soft-serve cones served. E: (Click the icon to view the information.) Theresa uses the high-low method to determine the operating cost equation and sells 8,000 cones in a month for $2.00 each. What would the operating income be at Atwood Dairy Bar if the owner prepared a contribution margin income statement for that month? C. O A. $16,000 OB. $10.425 O C. $14,000 OD. $2,000 - X Information Month April May June July August September Number of softserve cones 8,200 8,600 7,500 9,700 8,900 5,700 Total operating costs $5,200 $5,500 $4,500 $6,000 $5,900 $5,000 Print Done
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