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Tasty Treats is a snow cone stand near the local park. To plan for the future, Tasty Treats wants to determine its cost behavior patterns.
Tasty Treats is a snow cone stand near the local park. To plan for the future, Tasty Treats wants to determine its cost behavior patterns. It has the following information available about its operating costs and the number of snow cones served.
Month | Number of snow cones | Total operating costs |
January | 6,400 | $5,980 |
February | 7,000 | $6,400 |
March | 6,200 | $5,840 |
April | 6,900 | $6,330 |
May | 7,600 | $6,820 |
June | 7,250 | $6,575 |
The variable cost per snow cone using the high-low method is 15) ______
A) $0.94. B) $0.90. C) $1.43. D) $0.70.
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