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The Mays Clinic has the following monthly telephone records and costs. Calls Costs 2,000 $2,400 1,500 2,000 2,200 2,600 2,500 2,900 2,300 2,700 1,700 2,200

The Mays Clinic has the following monthly telephone records and costs.

Calls

Costs

2,000

$2,400

1,500

2,000

2,200

2,600

2,500

2,900

2,300

2,700

1,700

2,200

Identify the fixed and variable cost elements using the high-low method.

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