The Phone Bill for a CPA Firm Is a Mixed

question 147

Multiple Choice

The phone bill for a CPA firm is a mixed cost. Please refer to the 4-month data below, apply the high-low method, and answer the question. If the company uses 280 minutes in May, how much will the total bill be?

• A)$2,625
• B)$2,750
• C)$2,640
• D)$2,540

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Definitions:

Distinctiveness

The quality of being noticeably different from something else, especially from others in the same category or group.

Consensus

General agreement among the members of a group or community, often used as a decision-making process in collaborative environments.

Instrumental Theory

denotes a perspective in sociology and psychology suggesting that individuals engage in certain behaviors primarily because of the rewards or outcomes associated with those behaviors.

Reinforcement Theory

A theory that suggests behavior is influenced by reinforcements or consequences, and that behavior can be modified by changing the consequences.