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Determine the fulton variable cost per copy

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Reference no: EM133055500

Question - 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 $470 in March; in May, the firm paid $410 for 5,000 copies. The company uses the high-low method to analyze costs.

Required - Determine the Fulton's variable cost per copy?

Reference no: EM133055500

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