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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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