The Phone Bill for a Corporation Consists of Both Fixed

question 222

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. $$\begin{array} { | l | r | r | } \hline & \text { Minutes } & \text { Total Bill } \\\hline \text { January } & 480 & \$ 4500 \\\hline \text { February } & 240 & \$ 2690 \\\hline \text { March } & 160 & \$ 2630 \\\hline \text { April } & 300 & \$ 2845 \\\hline\end{array}$$ 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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Definitions:

Closing Techniques

Strategies or tactics applied by sales professionals to persuade a customer to make a purchase.

Buyer

An individual or organization that purchases goods or services for personal use, resale, or production.

Purchase

The act of acquiring goods or services in exchange for money, signaling a transfer of ownership.

Assumptive

Pertaining to something that is taken for granted or accepted as true without proof.