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Exercise 172 The Bradshaw Law Office has the following monthly telephone records and costs: Calls Costs 2,000 1,500 2,200 2,500 2,300 1,700 $2,400 2,000 2,600

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Exercise 172 The Bradshaw Law Office has the following monthly telephone records and costs: Calls Costs 2,000 1,500 2,200 2,500 2,300 1,700 $2,400 2,000 2,600 2,800 2,700 2,200 Identify the fixed and variable cost elements using the high-low method. High Low Variable cost Fixed cost $ $

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