The Phone Bill for an Accounting Firm Consists of Both

question 117

Multiple Choice

The phone bill for an accounting firm consists of both fixed and variable costs. Refer to the 4-month data below and apply the high-low method to answer the question. If the company uses 380 minutes in May, how much will the total bill be?

• A)$2,425
• B)$2,478
• C)$2,900
• D)$3767

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Definitions:

Sustainable Business

A company that operates in a manner that minimizes negative environmental impact and encourages positive social contributions.

Brand Trust

The confidence and reliance customers place in a brand, influenced by its consistency, quality, and ethical conduct, essential for building customer loyalty.

Competitive Differentiation

The process of distinguishing a product or service from others in the market to make it more attractive to a particular target market.

Crisis Management

A strategic approach for dealing with threats and challenges that can affect an organization's operations and reputation.