The phone bill for a company consists of both fixed and variable costs. Refer to the four-month data below and apply the high-low method to answer the question. Minutes Total Bill $3,500 $2,695 $2,660 $2,845 January February March April What is the variable cost per minute? (Round your answer to the nearest cent.) OA. $7.45 B. $0.35 O C. $0.11 O D. $2.90 470 230 180 320

The phone bill for a company consists of both fixed and variable costs. Refer to the four-month data below and apply the high - low method to answer the question. What is the variable cost per minute? (Round your answer to the nearest cent.) A. $7.45 B. $0.35 C. $0.11 D. $2.90