(Solved): Required information [The following information applies to the questions displayed below.] A hotel ...

Required information [The following information applies to the questions displayed below.] A hotel pays the phone company \( \$ 100 \) per month plus \( \$ 0.25 \) for each call made. During January 6,000 calls were made. In February 5,000 calls were made. Required: 1. Calculate the hotel's phone bills for January and February. Required information [The following information applies to the questions displayed below.] A hotel pays the phone company \( \$ 100 \) per month plus \( \$ 0.25 \) for each call made. During January 6,000 calls were made. In February 5,000 calls were made. 2. Calculate the cost per phone call in January and in February. (Round your answers to 3 decimal places.) Required information [The following information applies to the questions displayed below.] A hotel pays the phone company \( \$ 100 \) per month plus \( \$ 0.25 \) for each call made. During January 6,000 calls were made. In February 5,000 calls were made. 3. Separate the January phone bill into its fixed and variable components. Required information [The following information applies to the questions displayed below.] A hotel pays the phone company \( \$ 100 \) per month plus \( \$ 0.25 \) for each call made. During January 6,000 calls were made. In February 5,000 calls were made. What is the marginal cost of one additional phone call in January? (Round your answer to 2 decimal places.) Required information [The following information applies to the questions displayed below.] A hotel pays the phone company \( \$ 100 \) per month plus \( \$ 0.25 \) for each call made. During January 6,000 calls were made. In February 5,000 calls were made. 5. What was the average cost of a phone call in January? (Round your answer to 3 decimal places.)