The monthly cost (in dollars) of a long-distance phone plan is a linear function of the total calling time (in minutes). The monthly cost for 36 minutes of calls is $18.79 and the monthly cost for 52 minutes is $20.87. What is the monthly cost for 38 minutes of calls?

The monthly cost (in dollars) of a long-distance phone plan is a linear function of the total calling time (in minutes). The monthly cost for 36 minutes of calls is $18.79 and the monthly cost for 52 minutes is $20.87. What is the monthly cost for 38 minutes of calls?

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter3: Cost Behavior And Cost Forecasting

Section: Chapter Questions

Problem 3DQ: Suppose a company finds that shipping cost is 3,560 each month plus 6.70 per package shipped. What...

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Question

What is the monthly cost for 38 minutes of calls?

The monthly cost (in dollars) of a long-distance
phone plan is a linear function of the total calling
time (in minutes). The monthly cost for 36 minutes
of calls is $18.79 and the monthly cost for 52
minutes is $20.87. What is the monthly cost for 38
minutes of calls?

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