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Jones Ice Cream Stand is operated by Mr. Jones and experiences different sales patterns throughout the year. To plan for the future, Mr. Jones
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 April May June July August September Number of ice cream cones 1,000 2,100 2,125 3,000 2,500 2,900 Total operating costs $1,900 $1,975 $2,000 $2,600 $2,175 $2,500 Using the high-low method, the fixed costs for a month are (Round intermediary calculations to the nearest cent. Use the "high" data month to calculate your final answer. Do not use the "low" month, as it will result in an approximation of the cost.) OA. $1,050 B. $3,650 C. $700 OD. $1,550
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