the cost of using a telephone in a hotel meeting room is \$0.20$0.20dollar sign, 0, point, 20 per minute. which of the following equations represents the total cost ccc, in dollars, for hhh hours of phone use?

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akankshasharma92 akankshasharma92 · Answer 1 · 2022-11-19T10:22:56+01:00

According to the given information, the total cost c, in dollars, for h hours of phone use is c=(0.20 × 60)h.

For usage of the conference room phone, the hotel charges $0.20 per minute.

The conversion 1 hour = 60 minutes can be used to convert this per-minute rate to an hourly rate as demonstrated in the following equation.

[tex]\frac{0.20}{minute}[/tex] × [tex]\frac{60 minutes}{1 hour}[/tex] = [tex]\frac{0.20 * 60}{hour}[/tex]

The cost to use the conference room phone is therefore $0.20 per hour at the hotel.

As a result, c=(0.20 × 60)h, or c=0.20, is the cost c in dollars for h hours of use (60h).

Cost is the sum of money needed to produce and market goods and services or to buy property. An expense is incurred when something is sold or consumed. The expense charge for an asset could be postponed by a long time. For assets to move from the balance sheet to expenses in the income statement, the cost concept must be understood.

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