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The Phone Bill for a CPA Firm Is a Mixed

Question 28

Multiple Choice

The phone bill for a CPA firm is a mixed cost. Please refer to the 4-month data below, apply the high-low method, and answer the question. The phone bill for a CPA firm is a mixed cost. Please refer to the 4-month data below, apply the high-low method, and answer the question.   How much is the fixed portion of the total cost? A) $2,050 B) $1,960 C) $2,500 D) $250 How much is the fixed portion of the total cost?


A) $2,050
B) $1,960
C) $2,500
D) $250

Correct Answer:

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