The Phone Bill for a Company Consists of Both Fixed

question 18

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.
- $$\begin{array} { | l | r | r | } \hline & \text { Minutes } & \text { Total Bill } \\\hline \text { January } & 480 & \$ 4500 \\\hline \text { February } & 240 & \$ 2690 \\\hline \text { March } & 160 & \$ 2630 \\\hline \text { April } & 300 & \$ 2845 \\\hline\end{array}$$ If the company uses 360 minutes in May, how much will the total bill be? (Round any intermediate calculations to the nearest cent and your final answer to the nearest dollar.)

• A) $1697
• B) $2102
• C) $3799
• D) $7305

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