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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
Transcribed Image Text: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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