The Phone Bill for an Accounting Firm Consists of Both

question 136

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. $\begin{array}{|l|r|r|} \hline& \text { Minutes } & \text { Total Bill } \\\hline \text { Tanuary } & 460 & \$ 3,000 \\\hline \text { February } & 200 & \$ 2,673 \\\hline \text { March } & 160 & \$ 2,625 \\\hline \text { April } & 300 & \$ 2,800 \\\hline\end{array}$
-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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Rectangular areas in documents or electronic forms where text can be entered or displayed.

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Tools used in forms and questionnaires, allowing individuals to select one or more options from a list of choices.

Sampling Unit

The basic unit containing the elements of the population to be sampled, such as individual participants or geographical areas.

Sample Size

The number of observations or individuals included in a study, crucial for determining the study's generalizability and statistical power.