The phone bill for Company XYZ consists of two components. A fixed monthly subscription fee of $700 and a constant calling rate of $0.5 per minute. Assume that during February Company XYZ has a total call time of 10,700 minutes how much was the total phone bill ($) for the month of February? a. 4,900 b. None of the given answers O C. 4,500 O d. 5,600 e. 6,050

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The phone bill for Company XYZ consists of two
components. A fixed monthly subscription fee of $700
and a constant calling rate of $0.5 per minute. Assume
that during February Company XYZ has a total call
time of 10,700 minutes how much was the total phone
bill ($) for the month of February?
O a.
4,900
b.
O b. None of the given answers
Ос.
O c. 4,500
O d. 5,600
е.
6,050
Transcribed Image Text:The phone bill for Company XYZ consists of two components. A fixed monthly subscription fee of $700 and a constant calling rate of $0.5 per minute. Assume that during February Company XYZ has a total call time of 10,700 minutes how much was the total phone bill ($) for the month of February? O a. 4,900 b. O b. None of the given answers Ос. O c. 4,500 O d. 5,600 е. 6,050
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