You certainly can use it at that dilution for film. But, it's mostly used as a one-shot developer which generally gives you better consistency. If you re-use the working solution then it's necessary to make sure that you don't exceed the capacity of the solution. For Dilution B, that is 2.5 rolls of 35 or 120 (or 2.5 8x10/ 20.3 x 25.4 cm sheets) per liter. Or 10 rolls in 1 US gallon.
All the details are in the data sheet;
http://imaging.kodakalaris.com/sites/prod/files/files/resources/j24.pdf
If you do the arithmetic, you will find the developer will develop more film if you use it one shot.
To make up a litre of dilution B working solution, you need 31 ml of concentrate diluted 1 + 31.
If you use that litre to develop even 3 rolls of film, that works out to 10 ml of concentrate per roll.
If you use it one shot, there is enough developing activity in 6 ml of concentrate to develop a roll of film. You can then choose the dilution that nicely matches the 6 ml and the size of your tank, to end up with 5 rolls developed using 30 ml of concentrate.
In my case, when I'm using HC-110 one shot, I use dilution E, which is functionally equivalent to 1+49 - great for a 300 ml tank.
Here is Jason Brunner's excellent article on that dilution: (there was a url link here which no longer exists)