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ACCT 2521-Cost Accounting-Spring 2019 2.3 Explain variable costs and fixed cos E2-26 (similar to) Bridget Kanen is getting ready to open a small restaurant. She is on a tight budget and must choo Plan A: Pay 8 cents per minute of long-distance calling Plan B: Pay a fixed monthly fee of $13 for up to 280 long-distance minutes and 5 cents pe Plan C: Pay a fixed monthly fee of $21 for up to 460 long-distance minutes and 4 cents per Read the requirements Requirement 1. Match the graphs to the total monthly costs of the three plans for different levels of Before we match the graphs to the plans, complete the following table, calculating the total costs for Plan 100 minutes 280 minutes480 minutes Enter any number in the edit fields and then click Check Answer.
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Answer #1

There are two tables shown in the mentioned pictures

First one is for calculation of the solution and the second one is for the answer

Calculation done as shown beloW Plan 100 min 280 min 480 min 0.08 100 -0.08*280 0.08 480 $13 -13+(0.05*(280-280)) 13+(0.05* (480-280)) $21 $21 21+0.04*(480-460)) Answer Plan 100 min 280 min 480 min $8 $13 $21 S 22.40 $13 $21 $ 38.40 $23 $ 21.80

Examining the above table, it can be derived that if the kanen needs to call upto 100 min then plan A is best.

And If kanen needs to call 280 min, then Plan B is best.

And if Kanen needs to call 480 min, then Plan C is best.

So the choice will be dependent on the minutes needed to be called by kanen and the above alternatives are best because they are giving the best in the least cost.

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