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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
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. January February March April Minutes 480 240 170 300 Total Bill $5,000 $2,700 $2,645 $2,850 What is the fixed portion of the total cost? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.) O A $1,352 OB. $2,355 OC. $2,645 OD. $3,648 Click to select your
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