What is the variable cost per? minute

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The phone bill for a company consists of both fixed and variable costs. Refer to the four-month data below and apply the high-low method to answer the question.

                     Minutes             Total Bill

January         480                $4,500

February        220            $2,700

March            180            $2,645

April              310             $2,860

problem 1: What is the variable cost per? minute? (Round your answer to the nearest? cent.)

Reference no: EM132796682

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