Identify the fixed and variable cost elements

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Reference no: EM131186961

The Mays Clinic has the following monthly telephone records and costs.

Calls      Costs
2,000   $2,400
1,500 2,000
2,200 2,600
2,500     2,900
2,300     2,700
1,700     2,200

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

Reference no: EM131186961

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