The bradshaw law office has the following monthly telephone


Problem

The Bradshaw Law Office has the following monthly telephone records and costs:

Calls

Costs

2,000

$2,400

1,500

2,000

2,200

2,600

2,500

2,800

2,300

2,700

1,700

2,200

Identify the fixed and variable cost elements using the high-low method.

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Accounting Basics: The bradshaw law office has the following monthly telephone
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