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The Phone Bill for a Company Consists of Both Fixed

question 62

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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.(Round any intermediate calculations to the nearest cent,and your final answer to the nearest dollar. )  Minutes  Total Bill  Tanuary 460$3,000 February 200$2,675 March 180$2,630 April 320$2,840\begin{array} { | l | r | r | } \hline & \text { Minutes } & \text { Total Bill } \\\hline \text { Tanuary } & 460 & \$ 3,000 \\\hline \text { February } & 200 & \$ 2,675 \\\hline \text { March } & 180 & \$ 2,630 \\\hline \text { April } & 320 & \$ 2,840 \\\hline\end{array} What is the fixed portion of the total cost?


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