Chaffee Corporation Staffs a Helpline to Answer Questions from Customers

question 20

Multiple Choice

Chaffee Corporation staffs a helpline to answer questions from customers. The costs of operating the helpline are variable with respect to the number of calls in a month. At a volume of 33,000 calls in a month, the costs of operating the helpline total $742,500.
-To the nearest whole cent,what should be the average cost of operating the helpline per call at a volume of 36,100 calls in a month? (Assume that this call volume is within the relevant range. )

• A)$21.54
• B)$20.57
• C)$21.34
• D)$22.50

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Definitions:

Petition

A formally drafted plea, often endorsed by numerous individuals, urging those in power to consider a specific issue.

Bankrupt Estate

The total assets of a person or entity that are available for distribution among creditors after declaring bankruptcy.

Proof of Claim

A written statement filed by a creditor in a bankruptcy case stating the amount owed by the debtor.

Creditors

Individuals or entities that are owed money by debtors, typically arising from financial obligations like loans or credit agreements.