Determine technical engineering variable cost per copy

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Question problem 1: Technical Engineering presently leases a copying machine on a monthly basis. The lease agreement requires a fixed fee each month in addition to a charge per copy. Technical Engineering made 2400 copies and paid a total of $162 in rent in September and in October they paid $195 for 3500 copies. Determine Technical Engineering's variable cost per copy.

  1. $0.06
  2. $0.04
  3. $0.03
  4. $0.01

Reference no: EM132467410

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