The Phone Bill for a Corporation Consists of Both Fixed

question 144

Multiple Choice

The phone bill for a corporation consists of both fixed and variable costs.Refer to the four-month data below and apply the high-low method to answer the question. $$\begin{array} { | l | r | r | } \hline & \text { Minutes } & \text { Total Bill } \\\hline \text { Tanuary } & 460 & \$ 4,000 \\\hline \text { February } & 210 & \$ 2,695 \\\hline \text { March } & 170 & \$ 2,640 \\\hline \text { April } & 300 & \$ 2,835 \\\hline\end{array}$$ If the company uses 390 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)$1,842.60
• B)$1,829.10
• C)$3,672
• D)$6,157

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