Question: Q1&Q2 are based on this case: John runs a snow cone stand near the local park. John wants to determine his cost behavior patterns. He

Q1&Q2 are based on this case: John runs a snow cone

Q1&Q2 are based on this case: John runs a snow cone stand near the local park. John wants to determine his cost behavior patterns. He has the following info about his recent operation. Month Number of snow cones Total operating costs January 7,900 $5,000 February 7,800 $4,800 March 6,400 $4,500 April 6,300 $4,600 May 7,700 $4,700 Q1. The variable cost per snow cone using the hi-lo method is: __(rounded) A. $1.5327 B. 0.2667 C. 0.3846 D. 0.6549 E. 0.2500

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