Question
1. The relevant range of Orleans Company is between 100,000 units and 180,000 units per month. If the company produces beyond 180,000 units per month:
1. The relevant range of Orleans Company is between 100,000 units and 180,000 units per month. If the company produces beyond 180,000 units per month: A) the fixed costs will remain the same, but the variable cost per unit may change. B) the fixed costs may change, but the variable cost per unit will remain the same. C) the fixed costs and the variable cost per unit will not change. D) both the fixed costs and the variable cost per unit may change
2. The phone bill for an accounting firm consists of both fixed and variable costs. Refer to the 4-month data below and apply the high-low method to answer the question. January 460 - $3000 February 200 - $2675 March 160 - $2625 April 300 - $2800 If the company uses 380 minutes in May, how much will the total bill be? A) $2,425 B) $2,478 C) $2,900 D) $3767
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