Zurbrigg Copy Solutions presently leases a copy machine under an agreement that calls for a fixed fee each month and a charge for each copy made. Zurbrigg made 9,000 copies and paid a total of $560 in July; in November, the firm paid $480 for 7,000 copies. The company uses the high-low method to analyze costs. Zurbrigg's variable cost per copy is:
A) $0.005.
B) $0.011.
C) $0.040.
D) $0.065.
E) $0.52.
Correct Answer:
Verified
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