1. The caf owners want to understand how their telephone bill is created. You know that this is a mixed cost that includes a fixed and variable portion. Using the appropriate method and the information on the last quarter of 2019 mentioned below to determine the following: (5 points)

Month	Number of minutes	Bill Amount
Oct	1500	$ 500.00
Nov	1625	$ 525.00
Dec	1250	$ 450.00

1. The variable cost per minute and total fixed cost

2. The estimated bill amount for a month in 2020 when minutes amount to 1600.