Question
1. Markson and Sons leases a copy machine with terms that include a fixed fee each month plus a charge for each copy made. Markson
1.
Markson and Sons leases a copy machine with terms that include a fixed fee each month plus a charge for each copy made. Markson made 9,000 copies and paid a total of $470 in January. In April, they paid $310 for 5,000 copies. What is the variable cost per copy if Markson uses the high-low method to analyze costs? If required, round your answer to two decimal places.
Variable cost $ ......? per copy.
2.
Markson and Sons leases a copy machine with terms that include a fixed fee each month of $500 plus a charge for each copy made. The company uses the high-low method to analyze costs. If Markson paid $740 for 6,000 copies and $340 for 2,000 copies, how much would Markson pay if it made 8,100 copies?
Total cost $.......?
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