Question
Refer to the 4-month data below of telephone bill, apply the high-low method to answer the question. If the company uses 380 minutes in May,
Refer to the 4-month data below of telephone bill, apply the high-low method to answer the question.
If the company uses 380 minutes in May, how much will the total bill be?
Minutes January 460 February 200 March 160 April 300 Total Bill $3,000 $2,675 $2,625 $2,800
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Explanation Change in total cost 3000 2625 37500 Change in minutes 460 ...
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Intermediate Accounting
Authors: James D. Stice, Earl K. Stice, Fred Skousen
17th Edition
032459237X, 978-0324592375
