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The phone bill for a company consists of both fixed and variable costs. Given the...

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Accounting

The phone bill for a company consists of both fixed and variable costs. Given the data below for four months applying the high-low method to calculate the total fixed costs and variable cost per unit.

Minutes

Total Bill

January

460

$3,000

February

200

$2,675

March

160

$2,625

April

300

$2,800

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