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.

Question

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The Answer of 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.