Bridget Johnson is getting ready to open a small restaurant. She is on a tight budget and must choose between thefollowing long-distance phone plans:(Click the icon to view the long-distance phone plans.)Read the requirements.Requirement 1. Match the graphs to the total monthly costs of the three plans for different levels of monthlylong-distance calling.Before we match the graphs to the plans, complete the following table, calculating the total costs for each plan at eachof the different minute levels. (Round to the nearest cent.)100 minutes 300 minutes 500 minutesPlanABC Data tableTPlan A: Pay $0.09 per minute of long-distance calling.Plan B: Pay a fixed monthly fee of $18 for up to 300 long-distance minutes and$0.06 per minute thereafter (if she uses fewer than 300 minutes in anymonth, she still pays $18 for the month).Plan C: Pay a fixed monthly fee of $23 for up to 480 long-distance minutes and$0.05 per minute thereafter (if she uses fewer than 480 minutes, she stillpays $23 for the month).

Data table I Plan A: Pay $0.09 per minute of long-distance calling. Plan B: Pay a fixed monthly fee of $18 for up to 300 long-distance minutes and $0.06 per minute thereafter (if she uses fewer than 300 minutes in any month, she still pays $18 for the month). Plan C: Pay a fixed monthly fee of $23 for up to 480 long-distance minutes and $0.05 per minute thereafter (if she uses fewer than 480 minutes, she still pays $23 for the month).

Data table I Plan A: Pay $0.09 per minute of long-distance calling. Plan B: Pay a fixed monthly fee of $18 for up to 300 long-distance minutes and $0.06 per minute thereafter (if she uses fewer than 300 minutes in any month, she still pays $18 for the month). Plan C: Pay a fixed monthly fee of $23 for up to 480 long-distance minutes and $0.05 per minute thereafter (if she uses fewer than 480 minutes, she still pays $23 for the month).

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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