phone bill company consists both fixed and variable costs refer 4 month data below
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?