The phone bill for a company consists of both fixed and variable

The phone bill for a company consists of both fixed and variable costs. Refer to the 4 month data below and apply the high low method to determine fixed cost.

Month         Minutes             Total Bill
Jan.               460                    3000

Feb                200                     2675

Mar                160                     2625

April               300                     2800

 

B) If the company uses 380 minutes in May, how much will the total be?

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