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Estimate fixed fee paid each month

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Question - Blake inc. has agreed to pay a monthly fixed fee to ABC in return for a reduced per unit price for making copies. The following information is available to you;

Number of copies in March 10,000

Number of copies in May 7,000

Total cash paid to ABC in March by Blake $1,300

Total cash paid to ABC in May by Blake $1,150

Required - Estimate fixed fee paid each month (show work).

Reference no: EM132894309

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