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What is the variable cost per call

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Question - The total cost of local telephone calls and the number of local telephone calls for the last six months for Ted were as follows:

Month Total cost Total number of local calls

October $350 1,650

November $480 3,875

December $200 875

January $400 2,640

February $500 2,750

March $420 2,680

Required - If the high-low method for calculating cost volume profit equation is used, what is the variable cost per call?

a. $0.09

b. $0.18

c. $0.16

d. $0.23

Reference no: EM132633299

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