The phone bill for a law firm consists of both fixed and variable costs. Refer...
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Accounting
The phone bill for a law firm consists of both fixed and variable costs. Refer to the four month data below and apply the high-low method to answer the question. If the company uses 390 minutes in September, how much will the total bill be? (Round your intermediate calculations to two decimal places.)
Minutes | total bill | |
may | 490 | $3200 |
june | 210 | 2700 |
july | 160 | 2650 |
august | 330 | 2800 |
$3,356.70
$2,381.70
$3,033.00
$2,587.23
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