Question: 1. Using high-low method and the information below, compute the monthly variable cost per telephone hour and total fixed costs for XYZ Corporation. Month Telephone

1. Using high-low method and the information below, compute the monthly

1. Using high-low method and the information below, compute the monthly variable cost per telephone hour and total fixed costs for XYZ Corporation. Month Telephone hours Telephone expenses (IN Doller) June July August 96 93 105 4350 4,230 4.710

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