Solar Entertainment is a provider of cable, internet, and on-demand video The cost of the paperless billing system would be $220,360 per quarter with no services. Solar currently sends monthly bills to its customers via the postal variable costs since the costs of the system are the salaries of the clerks and the service. Because of a concern for the environment and recent increases in postal cost of leasing the computer system. The paperless billing system being rates, Solar management is considering offering an option to its customers for proposed would be able to handle up to 990,000 bills per quarter (More than paperless billing. In addition to saving printing, paper, and postal costs, paperless 990,000 bills per quarter would require a different computer system and is billing will save energy and water (through reduced paper needs, reduced waste outside the scope of the current situation at Solar.) disposal, and reduced transpotation needs. While Solar would like to switch to 100% paperless billing, many of its customers are not comfortable with paperless Solar has gathered its cost data for the past year by quarter for paper, toner biling or may not have Web access, so the paper billing option will remain, cartridges, printer maintenance costs, and postage costs for the billing regardless of whether Solar adopts a paperless billing system or not. department. The cost data is as follows: (Click the icon to view the data.) Resuirements Requirement 1. Calculate the variable cost per bill mailed under the current paper-based billing system. Using the high-low method, the variable cost per bill mailed under the current paper-based billing system is $(Round your answer to the nearest cent.) Requirement 2. Assume that the company projects that it will have a total of 740,000 bills to mail in the upcoming quarter. If enough customers choose the paperless billing option so that 35% of the mailings can be converted to paperless, how much would the company save from the paperless billing system (be sure to consider the cost of the paperless billing system)? The company would save $from using the paperless billing system. Requirement 3. What if only 30% of the mailings are converted to the paperless option (assume a total of 740,000 bills)? Should the company still offert paperless billing system? Explain your rationale. (Enter any losses as a positive number.) If only 30% of the mailings are converted to the paperless option, the company offer the paperless billing system because the compa s from using the paperless billing system. Enter your answer in each of the answer boxes, Solar Entertainment is a provider of cable, internet, and on-demand video The cost of the paperless billing system would be $220,360 per quarter with no services. Solar currently sends monthly bills to its customers via the postal variable costs since the costs of the system are the salaries of the clerks and the service. Because of a concern for the environment and recent increases in postal cost of leasing the computer system. The paperless billing system being rates, Solar management is considering offering an option to its customers for proposed would be able to handle up to 990,000 bills per quarter (More than paperless billing. In addition to saving printing, paper, and postal costs, paperless 990,000 bills per quarter would require a different computer system and is billing will save energy and water (through reduced paper needs, reduced waste outside the scope of the current situation at Solar.) disposal, and reduced transpotation needs. While Solar would like to switch to 100% paperless billing, many of its customers are not comfortable with paperless Solar has gathered its cost data for the past year by quarter for paper, toner biling or may not have Web access, so the paper billing option will remain, cartridges, printer maintenance costs, and postage costs for the billing regardless of whether Solar adopts a paperless billing system or not. department. The cost data is as follows: (Click the icon to view the data.) Resuirements Requirement 1. Calculate the variable cost per bill mailed under the current paper-based billing system. Using the high-low method, the variable cost per bill mailed under the current paper-based billing system is $(Round your answer to the nearest cent.) Requirement 2. Assume that the company projects that it will have a total of 740,000 bills to mail in the upcoming quarter. If enough customers choose the paperless billing option so that 35% of the mailings can be converted to paperless, how much would the company save from the paperless billing system (be sure to consider the cost of the paperless billing system)? The company would save $from using the paperless billing system. Requirement 3. What if only 30% of the mailings are converted to the paperless option (assume a total of 740,000 bills)? Should the company still offert paperless billing system? Explain your rationale. (Enter any losses as a positive number.) If only 30% of the mailings are converted to the paperless option, the company offer the paperless billing system because the compa s from using the paperless billing system. Enter your answer in each of the answer boxes