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Define cost per snow cone using the highminus-low method

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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. 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 highminus-low method is

A. $0.70.
B. $0.90.
C. $1.43.
D. $0.94.

Reference no: EM131758203

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