The Phone Bill for a Company Consists of Both Fixed

question 8

Multiple Choice

The phone bill for a company consists of both fixed and variable costs.Refer to the four-month data below and apply the high-low method to answer the question. $$\begin{array} { | l | r | r | } \hline & \text { Minutes } & \text { Total Bill } \\\hline \text { Tanuary } & 480 & \$ 4000 \\\hline \text { February } & 200 & \$ 2700 \\\hline \text { March } & 170 & \$ 2640 \\\hline \text { April } & 320 & \$ 2855 \\\hline\end{array}$$ What is the fixed portion of the total cost? (Round any intermediate calculations to the nearest cent,and your final answer to the nearest dollar.)

• A)$2107.20
• B)$1360
• C)$1893
• D)$2640

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Definitions:

Personal Conversations

Direct, informal communication between individuals about non-professional topics.

Blogs

Online journals or informational websites displaying content in a conversational style, often by an individual or small group, on various topics.

Newspapers

Publications, usually issued daily or weekly, containing news, feature articles, advertisements, and other items of general interest.

Limited Screen Size

The constraint of having a small display area on digital devices, which can affect the presentation and usability of content.