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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 wants
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 2,000 2,100 2,125 4,000 2,500 2,900 Total operating costs $1,800 $1,975 $2,000 $2,600 $2,175 $2,500 Using the high-low method, the monthly operating costs if Mr. Jones sells 1,470 ice cream cones in a month are (Round any intermediary calculations to the nearest cent.) A. $588 B. $1,588 C. $1,000 D. $1,600
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