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Jones Ice Cream Stand is operated by Mr. Jones and experiences different sales pattems throughout the year. To plan for the future, Mr. Jones wants
Jones Ice Cream Stand is operated by Mr. Jones and experiences different sales pattems throughout the year. To plan for the future, Mr. Jones wants to determine its cost behavior patterns. He has the following information ava lable 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 May June July August September 790 825 1,125 2,000 1,500 900 S950 S975 $1,000 $1,450 $1,175 $1,500 The variable cost per ice cream cone using the high-low method is O A. S2.42 O B. $1.20 OC.s0.73 D. S041
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