Required information [The following information applies to the questions displayed below.] A hotel pays the phone company $100 per month plus $0.25 for each call made. During January 6,000 calls were made. In February 5,000 calls were made. Required: 1. Calculate the hotel's phone bills for January and February. January February Phone Bill ! Required information [The following information applies to the questions displayed below.] A hotel pays the phone company $100 per month plus $0.25 for each call made. During January 6,000 calls were made. In February 5,000 calls were made. 2. Calculate the cost per phone call in January and in February. (Round your answers to 3 decimal places.) January February Cost per Phone Call ! Required information [The following information applies to the questions displayed below.] A hotel pays the phone company $100 per month plus $0.25 for each call made. During January 6,000 calls were made. In February 5,000 calls were made. 3. Separate the January phone bill into its fixed and variable components. Fixed component Variable component Total January $ 0 ! Required information [The following information applies to the questions displayed below.] A hotel pays the phone company $100 per month plus $0.25 for each call made. During January 6,000 calls were made. In February 5,000 calls were made. 4. What is the marginal cost of one additional phone call in January? (Round your answer to 2 decimal places.) Marginal cost ! Required information [The following information applies to the questions displayed below.] A hotel pays the phone company $100 per month plus $0.25 for each call made. During January 6,000 calls were made. In February 5,000 calls were made. 5. What was the average cost of a phone call in January? (Round your answer to 3 decimal places.) Average cost