Prepare a schedule of cost of goods manufactured for Opal Inc. (23 points)

Prepare a schedule of cost of goods manufactured for Opal Inc. (23 points)

 

 

The phone bill for a company consists of both fixed and variable costs. Given the data below for four months apply the high-low method to calculate the total fixed costs and variable cost per unit. (10 points)

 

Minutes Total Bill
January 460 $3,000
February 200 $2,675
March 160 $2,625
April 300 $2,800
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