A hotel pays the phone company $300 per month plus $0.35 for each call made. During January 7,000 calls were made. In February 5,000 calls were made. 2. Calculate the cost per phone call in January and in February. (Round your answers to 3 decimal places.) January February Cost per Phone Call
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A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
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A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
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A hotel pays the phone company $300 per month plus $0.35 for each call made. During January 7,000 calls were made.
In February 5,000 calls were made.
2. Calculate the cost per phone call in January and in February. (Round your answers to 3 decimal places.)
January
February
Cost per
Phone Call](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ffa5dfcd0-918b-4948-b3dc-e947d16afab6%2F4c3343b9-3125-4e09-ae59-1dbf550efb13%2F3c6oznt_processed.png&w=3840&q=75)
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