Use the following information to answer the following Questions
Fulton and Sons, Inc. presently leases a copy machine under an agreement that calls for a fixed fee each month and a charge for each copy made. Fulton made 7,000 copies and paid a total of $360 in March; in May, the firm paid $280 for 5,000 copies. The company uses the high-low method to analyze costs.
-How much would Fulton pay if it made 5,500 copies?
A) $382.50.
B) $322.
C) $300.
D) $292.50
E) None of the answers is correct.
Correct Answer:
Verified
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