User Account

All Pages

Discuss the high minus low method

Assignment Help Accounting Basics
Reference no: EM131755875

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.

Month Number of ice cream cones Total operating costs
April 800 $950
May 825 $975
June 1,125 $1,000
July 2,000 $1,250
August 1,500 $1,875
September 900 $1,500

Using the high minus low method, the fixed costs for a month are

 

 

Reference no: EM131755875

Questions Cloud

Create a query result : Use INNER JOIN to create a query result. In this query result, list each vendor's name and the name of each product the vendor has supplied to our company.
Paper about how i had to manage conflict in life : Need example of paper about how I had to manage conflict in life. Trying to find out several examples.
Most critical in the successful management of change : Of the change processes described in Chapter 8, describe which of the 4 elements you feel is the most critical in the successful management of change.
Why is agile project management preferred : Why is Agile project management preferred over the waterfall method in software development project management. Example, in an organization like DELL.
Discuss the high minus low method : Jones Ice Cream Stand is operated by Mr. Jones and experiences different sales patterns throughout the year
Relevant to the financial return of investment : What sorts of considerations might Keynes think enter into market prices that are not relevant to the financial return of an investment?
How much confidence do you have in that forecast : How many accidents do you project? How much confidence do you have in that forecast?
How humans and the environment interact : For your initial post in the discussion forum. Are there any costs in regard to how humans and the environment interact? Why or why not?
Policies and technologies to protect data integrity : In addition to revising existing policies, you need to develop and implement new policies and technologies to protect data integrity and validity.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd