Jones Ice Cream Stand Is Operated by Mr

Multiple Choice

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. The variable cost per ice cream cone using the high-low method is

A) $0.41
B) $2.42
C) $0.73
D) $1.20