Tasty Treats is a snow cone stand near the local park. To plan for the future,...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
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 January February March 6,200 April 6,900 May 7,600 June 7.250 Using the high-low method, the fixed costs for a month are OA. $1,500. OB. $980 OC. $12,660 OD. $5.320. Number of snow cones 6,400 7,000 Click to select your answer. Total operating costs $5,980 $6,400 $5.840 $6,330 $6,820 $6,575 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 January February March 6,200 April 6,900 May 7,600 June 7.250 Using the high-low method, the fixed costs for a month are OA. $1,500. OB. $980 OC. $12,660 OD. $5.320. Number of snow cones 6,400 7,000 Click to select your answer. Total operating costs $5,980 $6,400 $5.840 $6,330 $6,820 $6,575
Expert Answer:
Answer rating: 100% (QA)
ANSWER D 5 320 Calc ulatio n s Fi xed c osts Tota l ope rati ng cos ts h i ghe st Tot al o pera... View the full answer
Related Book For
Posted Date:
Students also viewed these accounting questions
-
Pelicans Ice is a snow cone stand near the local park. To plan for the future, Pelicans Ice wants to determine its cost behavior patterns. It has the following information available about its...
-
Suzys Cool Treatz is a snow cone stand near the local park. To plan for the future, the owner wants to determine her cost behavior patterns. She has the following information available about her...
-
The Riedl Corporation has the following information available on December 31, 2010. The tax rate is 30 percent. Show how this information is presented to external users in a multistep format....
-
1. You are the audit partner in charge of five audits which have recently been completed. You are reviewing the files and you now only have to decide which form of audit report you will sign off....
-
Assume that you want to develop your global skills so that you can pursue international assignments with your company. Identify five skills that you would want to develop, and describe how you would...
-
Many metallic catalysts, particularly the precious-metal ones, are often deposited as very thin films on a substance of high surface area per unit mass, such as alumina (Al2O3) or silica (SiO2). (a)...
-
What is not especially helpful for spotting kiting a. Confirming accounts receivables. b. Look for frequent deposits and checks in the same amount. c. Check for large deposits on Fridays. d. Look for...
-
Austin, Inc., acquired 10 percent of McKenzie Corporation on January 1, 2014, for $210,000 although McKenzies book value on that date was $1,700,000. McKenzie held land that was undervalued by...
-
. {Related to Checkpoint 5.4) (Present value) What is the present value of 5600 to be received 15 years from new discounted back to the present at 9 percent? The present value of $600 to be...
-
Inputs X i and Y i of each full adder in an arithmetic circuit have digital logic specified by the Boolean functions where S is a selection variable, C in is the input carry, and A i and B i are...
-
How did immigration patterns change during the late 19th and early 20th centuries, and what impact did this have on American society ?
-
Quality Motor Company is an auto repair shop that uses standards to control its labor time and labor cost. The standard labor cost for a motor tune-up is given below: Motor tune-up Standard Hours...
-
Functional Planning (done by top functional level management such as the firm's chief marketing officer (CMO)
-
A sale of merchandise on account for $13,550, terms n/30, is subject to an 6% sales tax. a. Should the sales tax be recorded at the time of sale or when payment is received? b. What is the amount of...
-
Prove that (-3, 12) lie on the line with the equation 5x + 2y = 10.
-
How do we envisage navigating potential contingencies or disruptions that may impede agenda progression ? Explain
-
Playtown Corporation purchased 75 percent of Sandbox Company common stock and 40 percent of its preferred stock on January 1, 20X6, for $270,000 and $80,000, respectively. At the time of purchase,...
-
Research corporate acquisitions using Web resources and then answer the following questions: Why do firms purchase other corporations? Do firms pay too much for the acquired corporation? Why do so...
-
Why is the constant mix assumption necessary to use CVP in a multiproduct rm? Is this assumption realistic? Explain.
-
In contrast to the defined contribution plans discussed in the chapter, some companies had offered defined benefit pension plans. Use the Web to determine what is meant by a defined benefit plan. Why...
-
A Regier Home builder, which has a calendar year-end, borrowed $10,000 from a local bank on October 2, 2009. On that date, Regiers chief executive signed a 9 percent, 150 day interest-bearing...
-
What is the Public Company Accounting Oversight Board (PCACOB)?
-
What is the Institute of Internal Auditors' definition of internal auditing?
-
What is the internal auditor's task with respect to fraud? Who has primary responsibility?
Study smarter with the SolutionInn App