Assume Cape Cod Railway is considering hiring a reservations agency to handle passenger reservations. The agency would

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Assume Cape Cod Railway is considering hiring a reservations agency to handle passenger reservations. The agency would charge a flat fee of \($7,000\) per month, plus \($2\) per passenger reservation. What is the total reservation cost if 100,000 passengers take the trip next month?

a. $200,000

b. $207,000

c. $2.07

d. $7,000

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Financial And Managerial Accounting

ISBN: 9780135080191

2nd Edition

Authors: Charles T Horngren, Jr Walter T Harrison

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