The Parker Cellular Company is charged a total cost that changes in proportion to the number of minutes used. The number of minutes used is the only factor that causes a change in total cost. How would the managerial accountant classify total costs of phone charges? Select one: a. Fixed. b. Mixed. c. Variable. d. Fixed cost in the relevant range. e. Mixed cost in the relevant range.

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The detailed answer for the above question is provided below The correct answer is c Variable Heres ... View the full answer